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New loan secured for new Children's Hospital

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Kaleida health announced Wednesday that the new John R. Oishei Children's Hospital has closed on its sixth HUD-insured mortgage loan.

The $270 million hospital will be an integral part of the Buffalo Niagara Medical Campus, linking with Buffalo General, the Gates Vascular Institute, Roswell Park Cancer Institute, the new University at Buffalo Medical School and more.

More than 400 construction-related jobs will be created from this project.