Build 2024 - A Fund Drive for the New Heart of America Medical Center

USDA Approves Loan | Campaign Nears Goal!

The USDA has formally approved financing for the construction of a new Heart of America Medical Center. The approval is the center piece of financing for a new $62M facility.
 
The direct loan will cover 80% of construction costs.  In addition, the USDA is guaranteeing 10% of loans coming from commercial lenders. The remaining 10% is owner’s equity, including proceeds from the Build 2024 Capital Campaign.
 
As of 10/14/22, the Campaign has a total of $4,157,000.  

Build 2024 Capital Campaign
Goal: $4.5M
Progress as of October 14, 2022

 
ND State Grant:  $1,000,000
The Joseph and Elizabeth Hoffart Charitable Foundation:  $1,000,000
231 citizens, area businesses and community organizations:  $2,157,000
 
Total Committed to Date:  $4,157,000


We’re almost there! Every gift or pledge is immensely helpful. To be a part of this community-wide effort, download a pledge form today, or give online.
 
JLG Architects produced the computer animation below. Walk through the new facility!



The interactive flyer featured below gives more details on the project.