The Office of Hospital Facilities (OHF), a division of the U.S.
Department of Housing and Urban Development (HUD), announced the
issuance of a new final rule that revises the regulations governing the
Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage
Insurance Program. This new rule implements FHA's authority to finance
hospital acquisitions and to refinance the capital debt of hospitals
that do not have FHA-insured mortgages, without requiring substantial
construction or rehabilitation. The final rule will be officially
published in the Federal Register on February 5, 2013. LINK
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