(a) The authority may construct, acquire, own, operate, enlarge, improve, furnish, equip, or provide the following facilities and services to care for the disabled or the elderly:
- (1) a nursing home or similar long-term care facility;
- (2) elderly housing;
- (3) assisted living services;
- (4) home health care;
- (5) personal care;
- (6) special care;
- (7) continuing care; or
- (8) durable medical equipment.
- (b) The authority may lease or enter into an operations or management agreement to care for the disabled or the elderly under Subsection (a).
- (c) The authority may sell, transfer, otherwise convey, or close all or part of a facility described by Subsection (a) and discontinue a service described by Subsection (a).
- (d) The authority may issue revenue bonds, notes, and time warrants as provided by this chapter to acquire, construct, or improve a facility described by Subsection (a).
- (e) For purposes of Chapter 223, a facility or service described by Subsection (a) is a hospital project.
Added by Acts 1997, 75th Leg., ch. 1011, Sec. 1, eff. Sept. 1, 1997.