(a) The district may:
(1) purchase, construct, acquire, repair, renovate, equip, or administer the following types of facilities or services for the care of persons who are elderly or disabled:
(A) a nursing home or similar long-term care facility;
(B) elderly housing;
(C) assisted living;
(D) home health;
(E) personal care;
(F) special care; or
(G) continuing care; and
(2) purchase, acquire, repair, or equip durable medical equipment to provide services to persons who are elderly or disabled.
(b) For a facility or service described by Subsection (a), the board may:
(1) lease or enter into an operating or management agreement relating to all or part of a facility or service that is owned by the district;
(2) close, transfer, sell, or otherwise convey all or part of a facility; and
(3) discontinue all or part of a service.
(c) The board may issue general obligation bonds, revenue bonds, and other notes to acquire, construct, or improve a facility for the care of persons who are elderly or disabled or to implement the delivery of a service for the care of persons who are elderly or disabled.
(d) For the purposes of this section, a facility or service described by Subsection (a) is a hospital project under Chapter 223, Health and Safety Code, notwithstanding Section 223.002 of that chapter.