Mortgage Insurance Hospitals
Department Of Housing And Urban Development, Asst Secretary For Housing--federal Housing Commissioner
To facilitate the affordable financing of hospitals for the care and treatment of persons who are acutely ill or who otherwise require medical care and related services of the kind customarily furnished only or most effectively by hospitals.
Jargon-free version
Helps hospitals, from large teaching centers to small rural facilities, get mortgage insurance. This support aids in managing hospital loans and assets.
Quick Facts
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What Is This Program?
What Benefits Are Offered?
Mortgage insurance for hospital facilities, offered through the Federal Housing Administration (FHA) Office of Hospital Facilities (Section 242).
Who Is Eligible?
Industries: healthcare
Region: United States
Other Criteria: hospital facilities, entities operating or developing hospital facilities
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📋What Are the Application Steps & Timeline?
- 📝Steps to Apply
- Visit the FHA Healthcare Programs page.
- Identify the specific program under the Office of Hospital Facilities (OHF/Section 242).
- Gather required documentation and information for the application.
- Complete the application form as specified on the portal.
- Submit the application through the designated submission method.
- 🌐Application Portal
- http://www.fha.gov/healthcare
- 📤Submission Method
- online
- 🔄Intake Type
- rolling
📄What Documents Are Required?
- ✅Required Documents
- SF-424 (Application for Federal Assistance)
- SF-424A (Budget Information - Non-Construction)
- SF-424B (Assurances)
- Project Narrative
- Budget Narrative
- indirect cost rate agreement
- IRB approval letter
- environmental review
- 📐Format Requirements
- PDF only, max 10MB
- ✉️Supporting Letters
- Letters of support/reference are required.
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💰What Expenses Are Eligible?
- 🧾Eligible Expenses
- Mortgage Insurance Premiums
🤝Is Matching Funding Required?
📊What Are the Reporting Requirements?
- 🔍Audit Requirements
- OMB Uniform Guidance Single Audit if the recipient expends $750,000 or more in federal awards
- 🗄️Record Retention Period
- 3 years post-final-report
How Do I Apply?
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FAQFrequently Asked Questions
Visit the program page for detailed eligibility requirements.
Contact the program administrator for funding details.
This program accepts applications on a rolling basis.
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