From the Federal Reserve Investment Handbook
http://www.frbsf.org/community-development/files/CRAHandbook.pdf As a general rule, mortgage backed securities and municipal bonds are not qualified investments because they do not have as their primary purpose community development, as defined in the CRA regulations.
Nonetheless, mortgage-backed securities or municipal bonds designed primarily to finance community development generally are qualified investments. Municipal bonds or other securities with a primary purpose of community development need not be housing related.
For example, a bond to fund a community facility or park or to provide sewage services as part of a plan to redevelop a low-income neighborhood is a qualified investment. Certain municipal bonds in underserved nonmetropolitan middle-income geographies may also be qualified investments.
Per the attached link -
https://www.fitchratings.com/site/fitch-home/pressrelease?id=1001121 The purpose of the issuance is that Bond proceeds will be used to reimburse Baycare for prior expenditures related to the Morton Plant Hospital master facility plan, St. Joseph's Hospital master facility plan, and the construction of St. Joseph's Hospital - South, and will pay off a $66.3 million draw on a line of credit used to purchase Bartow Regional Medical Center (BRMC).
Look to see if any of these facilities are located in low or moderate income census tracts or if you can obtain financials, determine the percent of patients served that are covered by Medicaid.