The amount of debt that will be issued to build a new state hospital in New ­Orleans could be pared by $55 million to $100 million of expected additional federal reimbursements for hurricane damage to shuttered Charity Hospital.

The current financial plan for ­construction of the new $1.2 billion ­Louisiana State University hospital includes up to $500 million in revenue bonds and $475 million from the ­Federal Emergency Management Agency in ­compensation for the hurricane damage to Charity’s structure.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.