Below is the link to National Project Part 11. It exposes the hundreds of nursing homes across the country that since 2009 have received low-cost, HUD-guaranteed mortgages right after having the lowest possible quality rating from the federal government.
The value of these loans is nearly $2 billion. We dug deeper and found that close to 30 percent of these facilities received a previous HUD-backed loan since 2001. The value of those was an additional $530.
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