MEMORANDUMAugust 8th, 2024
FiledAugust 8th, 2024On July 18, 2024, PAFAF I Phoenix LLC, a Delaware limited liability company (the “Borrower”) whose sole member is Pan-American Financial Assistance Foundation, Inc., a Delaware nonprofit corporation (“PAFAF”), an organization described in Section 501(c) of the United Stated Internal Revenue Code of 1986, obtained preliminary approval by the Board for issuance of its Lease Revenue Bonds (the “Bonds”), for a new inpatient rehabilitation facility.