DALLAS — The board set up to finance and operate a new state teaching hospital in New Orleans has withdrawn its request for federal enhancement of revenue bonds needed to build the $1.2 billion University Medical Center.

Financial adviser JPMorgan Chase sent a letter July 7 to officials at the U.S. Department of Housing and Urban Development ending the effort by the University Medical Center Management Corp. to obtain mortgage insurance for an estimated $407 million of revenue bonds for the 424-bed facility.

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