N.O. firm completes nursing facility financing

New Orleans-based CommCare Corp. said Friday it has completed a $14 million financing package for the construction of a skilled nursing facility in Mansura in Avoyelles Parish.

CommCare said in a news release that the financing package for the Rivière de Soleil Community Care Center includes federal New Markets Tax Credit allocations provided by Chase and Volunteers of America. The tax credits are used to help revitalize low-income and impoverished communities through new development.

CommCare purchased Rio Sol Nursing Home in Mansura in January 2012 and is building Rivière de Soleil, to take its place. Rivière will have 96 private rooms, four couple rooms and 13 semi-private rooms.

Founded in 1994, CommCare owns and operates 11 skilled nursing facilities throughout the state.