THE FOLLOW UP
STATEMENT

FHA insures $251.2 million mortgage for new MUSC hospital in Indian Land, SC

Tech Error

Verification couldn’t be completed due to a technical issue accessing sources. A retry is needed. Learn more in Methodology.

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funding

The supplemental mortgage closing and FHA insurance for the described project occurred as announced.

Source summary
HUD’s Federal Housing Administration (FHA) insured a $251.2 million supplemental mortgage to fund construction of MUSC Health Indian Land Hospital — an acute care hospital, medical office building, and central energy plant in Indian Land, South Carolina. The loan, originated by Armadale Capital under FHA’s Section 242/241(a) Hospital Facilities program, carries a 5.4% interest rate and a 25-year term; the facility is expected to open in early 2028. HUD says the project will improve access to acute care for residents of northern Lancaster County who often travel out of state for such services.
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Latest fact check

I attempted to verify the statement using external sources, but key pages (including a mirrored version of the HUD announcement) could not be loaded due to repeated technical timeouts. Because I cannot currently access the underlying HUD press release or equivalent primary documentation, I’m unable to conclusively confirm or refute the specific mortgage amount and project details.

The verdict is Tech Error because the verification depends on sources that are temporarily inaccessible, and this may be resolvable once those technical issues are fixed.

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Timeline

  1. Scheduled follow-up · Jan 23, 2026overdue
  2. Completion due · Jan 23, 2026
  3. Update · Jan 16, 2026, 10:55 PMTech Error
    I attempted to verify the statement using external sources, but key pages (including a mirrored version of the HUD announcement) could not be loaded due to repeated technical timeouts. Because I cannot currently access the underlying HUD press release or equivalent primary documentation, I’m unable to conclusively confirm or refute the specific mortgage amount and project details. The verdict is Tech Error because the verification depends on sources that are temporarily inaccessible, and this may be resolvable once those technical issues are fixed.
  4. Original article · Jan 16, 2026
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