AIDEA bonds fund providence projects.

AuthorPounds, Nancy
PositionINSIDE ALASKA BUSINESS

The Alaska Industrial Development and Export Authority issued $122.7 million in conduit revenue bonds for Providence Health & Services. The bonds will help finance construction of Providence Alaska Cottages, a 96-bed nursing home consisting of eight cottages and a commons building. The facility is being built at 1101 Boniface Parkway in Anchorage. Bond funds will also help finance capital improvements at Providence Alaska Medical Center, also in Anchorage. Improvements include renovating existing facilities and adding 85,782...

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