S. 1990 · 110th Congress

BUILD Act

Stage
In committee
Introduced
2007-08-03
Latest action
2007-08-03 · Introduced in Senate

Summary

Build, Update, Improve, Lift, and Design Health Centers Act of 2007 or the BUILD Act – Amends the Public Health Service Act to require the Secretary of Health and Human Services to award grants to health centers to: (1) modernize, expand, and replace existing facilities; and (2) construct new facilities at such centers.

Requires the Secretary to establish a loan guarantee program for loans to health centers for capital need projects, including: (1) acquiring, leasing, modernizing, expanding, or replacing existing facilities; (2) constructing new facilities; (3) purchasing or leasing equipment; and (4) the costs of refinancing loans made for any such projects.