Kaweah Health Loan Amended; $4.6M Forgiven
Kaweah Health Medical CenterPublic Hospital · Visalia, CA- Disclosed value
- $20,750,000 (original principal); $4,611,111.12 forgiven; outstanding principal $16,138,888.88
- From agendapacket
- Document date
- Aug 20, 2026
- Renews
- Free account
The 30-second brief
Kaweah Delta Health Care District DBA Kaweah Health approved Resolution 2297 to execute a Second Amendment to its Loan and Security Agreement with the California Health Facilities Financing Authority under the Distressed Hospital Loan Program. The amendment permanently forgives $4.61 million in debt service due from September 1, 2026 through August 31, 2027 and confirms a modified loan maturity of February 1, 2031 while leaving $16.14 million in principal outstanding. The interest‑free working capital loan supports the hospital’s turnaround plan and ongoing financial stability.
California Health Facilities Financing Authority holds this financial services contract with Kaweah Health Medical Center. Its other public contracts on record include work for Sonoma Valley Hospital and State of California Office of the State Treasurer - California Educational Facilities Authority.
The renewal date is on record. A free account shows it, with the renewals for every Kaweah Health Medical Center contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $20,750,000 (original principal); $4,611,111.12 forgiven; outstanding principal $16,138,888.88
- Document date
- August 20, 2026
- Term
- Loan maturity date February 1, 2031 (as modified); debt service payments forgiven for period September 1, 2026 through August 31, 2027
- Renews
- Free account
- Source document
- Kaweah Delta Health Care District AgendaPacket Special Board of Directors Meeting 2026-08-20 (AgendaPacket)
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Questions about this contract
Who was awarded the financial services contract by Kaweah Health Medical Center?
California Health Facilities Financing Authority was awarded this financial services contract by Kaweah Health Medical Center, as recorded on August 20, 2026. The contract value is $20,750,000 (original principal); $4,611,111.12 forgiven; outstanding principal $16,138,888.88.
How much is the California Health Facilities Financing Authority contract with Kaweah Health Medical Center worth?
The California Health Facilities Financing Authority contract with Kaweah Health Medical Center is valued at $20,750,000 (original principal); $4,611,111.12 forgiven; outstanding principal $16,138,888.88, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Kaweah Delta Health Care District AgendaPacket Special Board of Directors Meeting 2026-08-20 (AgendaPacket), dated August 20, 2026 from Kaweah Health Medical Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does California Health Facilities Financing Authority hold?
California Health Facilities Financing Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Kaweah Health Medical Center currently buying?
Explore Kaweah Health Medical Center's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.