The Dormitory Authority of the State of New York has approved $1.5 billion in financing for education and health care.
DASNY’s board on Wednesday signed off on single-approval financings for educational facilities in the State University of New York system ($937.5 million); the New York State School Districts revenue bond financing program ($500 million); Mount Sinai Hospital in New York ($75 million); and Coburg Village Inc. Facilities for the Aged in Rexford ($36 million).
The board also approved $12.7 million through the tax-exempt lease program for Mary Imogene Bassett Hospital in Cooperstown, which would help fund its radiology and cardiology departments, and its information technology systems.
