Rural Hospital Financial Stabilization Grant

$100,000 - $250,000
Applications Due: Closed
State
Texas Health and Human Services Commission

Description

The Texas Health and Human Services Commission (HHSC) is offering the Rural Hospital Financial Stabilization Grant to provide financial support to rural hospitals in Texas to help them transition to long-term financial solvency and sustainability. Eligible applicants include hospitals classified as rural, licensed by HHSC for 25 or fewer beds, and able to demonstrate financial need as per the specified tiers. The application deadline is June 21, 2024, at 5:00 p.m. Central Time. The project period begins on the grant agreement effective date and concludes on August 31, 2025. Award amounts vary by need tier: $100,000 for Tier 1 (Basic Need), $175,000 for Tier 2 (Moderate Need), and $250,000 for Tier 3 (High Need), with a total of $4,500,000 available for distribution.

Eligibility
States
Texas
Regions
All
Eligible Entities
Nonprofits, City or township governments, County governments, For profit organizations other than small businesses, Special district governments, State governments, Public housing authorities, Public and State controlled institutions of higher education

Funding

Program Funding
$4,500,000
Award Ceiling
$250,000
Award Floor
$100,000
Award Count
70

Timing

Posted Date
May 28, 2024
App Status
No Longer Accepting Applications
Pre-app Deadline
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Application Deadline
June 21, 2024

Funder

Funding Source
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Source Type
State
Contact Name
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Contact Email
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