Finding funding for capital projects is a major concern for many rural healthcare facilities. Capital funding is defined as funding used to expand or renovate a building, purchase major equipment or construct a new facility for a rural health provider. In searching for funding for capital projects, it is very important that facilities consider and use a variety of potential sources, including public grants and loan programs, as well as private sources such as foundations and donations from local residents.
Frequently Asked Questions
- Are grants available for capital funding?
- Where does money for capital funding come from?
- What is involved in the fund-seeking process?
- From where can my organization borrow money to finance a capital project?
- What is an Essential Community Facility?
- What else can my organization do if we can't get funding?
- What is a CDFI?
- What is a State Health Facility Finance Authority and how are they used in capital funding?
- What are some examples of private foundations that offer funds to support rural capital projects?