Humboldt County Memorial Hospital receives REDL&G funds

August 13, 2020

Corn Belt Power Cooperative and Midland Power Cooperative partnered to assist the Humboldt County Memorial Hospital with their $14 million hospital expansion through new USDA Rural Economic Development Loan & Grant (REDL&G) funds.

Corn Belt Power received $300,000 through the grant side of the program and matched that with $60,000 to loan the hospital a total of $360,000. Midland Power was awarded $1 million through the loan side of the REDL&G program for the hospital project.

The expansion project included a new 37,740 square-foot two-story addition for a new outpatient specialty clinic, primary care clinic, wellness hub and conference room/staff education area. The hospital will provide additional therapy services to the community in this space. The loans were closed with the hospital on July 15.