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This bill amends the Consolidated Farm and Rural Development Act to authorize rural health care facilities—including hospitals, behavioral health facilities, clinics, home health agencies, and long-term care facilities—to use federal agricultural credit assistance to refinance debt, update telehealth and equipment, and cover operating expenses. The bill allows the Secretary of Agriculture to waive certain financial requirements for facilities that are insolvent or located in persistent poverty areas, socially vulnerable communities, or distressed areas, provided the assistance would preserve rural health access and improve the facility's financial position.
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