Highland-Clarksburg gets loan for behavioral health facility
BRIDGEPORT, W.Va. -- Officials at Highland-Clarksburg Hospital have a $34.8 million construction loan to cover the renovation costs for the newly formed hospital, according to a news release from the hospital.The hospital was approved to operate a 150-bed behavioral health facility on the former United Hospital Center in Bridgeport. Once operating, the hospital plans to employ 294 people.
Construction and renovations started Jan. 15, officials said."With the funds in hand, we are finally prepared to begin the work," said Mike Casdorph, director of facility development and construction for Highland.
The $34.8 million in financing includes a $21 million loan from USDA Rural Development and $13.8 million in permanent financing through Huntington National Bank.