Title 24

PART 232

Part 232 - Mortgage Insurance For Nursing Homes, Intermediate Care Facilities, Board And Care Homes, And Assisted Living Facilities

PART 232 - MORTGAGE INSURANCE FOR NURSING HOMES, INTERMEDIATE CARE FACILITIES, BOARD AND CARE HOMES, AND ASSISTED LIVING FACILITIES Authority:12 U.S.C. 1715b, 1715w, 1735d, and 1735f-19; 42 U.S.C. 3535(d). Source:36 FR 24618, Dec. 22, 1971, unless otherwise noted.

24:2.1.1.2.15.1SUBPART A
Subpart A - Eligibility Requirements
24:2.1.1.2.15.1.175.1SECTION 232.1
   232.1 Eligibility requirements, generally; applicability of certain requirements.
24:2.1.1.2.15.1.175.2SECTION 232.2
   232.2 License.
24:2.1.1.2.15.1.175.3SECTION 232.3
   232.3 Eligible borrower.
24:2.1.1.2.15.1.175.4SECTION 232.7
   232.7 Bathroom.
24:2.1.1.2.15.1.175.5SECTION 232.11
   232.11 Establishment and maintenance of long-term debt service reserve account.
24:2.1.1.2.15.2SUBPART B
Subpart B - Contract Rights and Obligations
24:2.1.1.2.15.2.175.1SECTION 232.251
   232.251 Cross-reference.
24:2.1.1.2.15.2.175.2SECTION 232.252
   232.252 Definitions.
24:2.1.1.2.15.2.175.3SECTION 232.254
   232.254 Withdrawal of project funds, including for repayments of advances from the borrower, operator, or management agent.
24:2.1.1.2.15.2.175.4SECTION 232.256
   232.256 Partial payment of claims.
24:2.1.1.2.15.3SUBPART C
Subpart C - Eligibility Requirements - Supplemental Loans To Finance Purchase and Installation of Fire Safety Equipment
24:2.1.1.2.15.3.175SUBJGRP 175
   Fees and Charges
24:2.1.1.2.15.3.175.1SECTION 232.500
   232.500 Definitions.
24:2.1.1.2.15.3.175.2SECTION 232.505
   232.505 Application and application fee.
24:2.1.1.2.15.3.175.3SECTION 232.510
   232.510 Commitment and commitment fee.
24:2.1.1.2.15.3.175.4SECTION 232.515
   232.515 Refund of fees.
24:2.1.1.2.15.3.175.5SECTION 232.520
   232.520 Maximum fees and charges by lender.
24:2.1.1.2.15.3.175.6SECTION 232.522
   232.522 Inspection fee.
24:2.1.1.2.15.3.176SUBJGRP 176
   Eligible Security Instruments
24:2.1.1.2.15.3.176.7SECTION 232.525
   232.525 Note and security form.
24:2.1.1.2.15.3.176.8SECTION 232.530
   232.530 Disbursement of proceeds.
24:2.1.1.2.15.3.176.9SECTION 232.535
   232.535 Loan multiples - minimum principal.
24:2.1.1.2.15.3.176.10SECTION 232.540
   232.540 Method of loan payment and amortization period.
24:2.1.1.2.15.3.176.11SECTION 232.545
   232.545 Covenant against liens.
24:2.1.1.2.15.3.176.12SECTION 232.550
   232.550 Accumulation of next premium.
24:2.1.1.2.15.3.176.13SECTION 232.555
   232.555 Security instrument and lien.
24:2.1.1.2.15.3.176.14SECTION 232.560
   232.560 Interest rate.
24:2.1.1.2.15.3.176.15SECTION 232.565
   232.565 Maximum loan amount.
24:2.1.1.2.15.3.176.16SECTION 232.570
   232.570 Endorsement of credit instrument.
24:2.1.1.2.15.3.176.17SECTION 232.580
   232.580 Application of payments.
24:2.1.1.2.15.3.176.18SECTION 232.585
   232.585 Prepayment privilege and prepayment charge.
24:2.1.1.2.15.3.176.19SECTION 232.586
   232.586 Minimum principal loan amount.
24:2.1.1.2.15.3.177SUBJGRP 177
   Property Requirements
24:2.1.1.2.15.3.177.20SECTION 232.590
   232.590 Eligibility of property.
24:2.1.1.2.15.3.177.21SECTION 232.591
   232.591 Smoke detectors.
24:2.1.1.2.15.3.178SUBJGRP 178
   Title
24:2.1.1.2.15.3.178.22SECTION 232.595
   232.595 Eligibility of title.
24:2.1.1.2.15.3.178.23SECTION 232.600
   232.600 Title evidence.
24:2.1.1.2.15.3.179SUBJGRP 179
   Form of Contract
24:2.1.1.2.15.3.179.24SECTION 232.605
   232.605 Contract requirements.
24:2.1.1.2.15.3.180SUBJGRP 180
   Cost Certification Requirements
24:2.1.1.2.15.3.180.25SECTION 232.610
   232.610 Certification of cost requirements.
24:2.1.1.2.15.3.181SUBJGRP 181
   Eligible Borrowers
24:2.1.1.2.15.3.181.26SECTION 232.615
   232.615 Eligible borrowers.
24:2.1.1.2.15.3.181.27SECTION 232.616
   232.616 Disclosure and verification of Social Security and Employer Identification Numbers.
24:2.1.1.2.15.3.182SUBJGRP 182
   Special Requirements
24:2.1.1.2.15.3.182.28SECTION 232.620
   232.620 Determination of compliance with fire safety equipment requirements.
24:2.1.1.2.15.3.182.29SECTION 232.625
   232.625 Discrimination prohibited.
24:2.1.1.2.15.3.182.30SECTION 232.630
   232.630 Assurance of completion.
24:2.1.1.2.15.4SUBPART D
Subpart D - Contract Rights and Obligations
24:2.1.1.2.15.4.183SUBJGRP 183
   Premiums
24:2.1.1.2.15.4.183.1SECTION 232.800
   232.800 Definitions.
24:2.1.1.2.15.4.183.2SECTION 232.805
   232.805 Insurance premiums.
24:2.1.1.2.15.4.183.3SECTION 232.805a
   232.805a Mortgagee's late charge.
24:2.1.1.2.15.4.183.4SECTION 232.815
   232.815 Termination of insurance.
24:2.1.1.2.15.4.183.5SECTION 232.825
   232.825 Pro rata refund of insurance premium.
24:2.1.1.2.15.4.184SUBJGRP 184
   Rights and Duties of Lender Under the Contract of Insurance
24:2.1.1.2.15.4.184.6SECTION 232.830
   232.830 Definition of default.
24:2.1.1.2.15.4.184.7SECTION 232.840
   232.840 Date of default.
24:2.1.1.2.15.4.184.8SECTION 232.850
   232.850 Notice of default.
24:2.1.1.2.15.4.184.9SECTION 232.860
   232.860 Commissioner's right to require acceleration.
24:2.1.1.2.15.4.184.10SECTION 232.865
   232.865 Election by lender.
24:2.1.1.2.15.4.184.11SECTION 232.875
   232.875 Maximum claim period.
24:2.1.1.2.15.4.184.12SECTION 232.880
   232.880 Items to be delivered on submitting claim.
24:2.1.1.2.15.4.184.13SECTION 232.885
   232.885 Insurance benefits.
24:2.1.1.2.15.4.184.14SECTION 232.890
   232.890 Characteristics of debentures.
24:2.1.1.2.15.4.184.15SECTION 232.893
   232.893 Cash adjustment.
24:2.1.1.2.15.4.185SUBJGRP 185
   Assignments
24:2.1.1.2.15.4.185.16SECTION 232.895
   232.895 Assignment of insured loans.
24:2.1.1.2.15.4.186SUBJGRP 186
   Extension of Time
24:2.1.1.2.15.4.186.17SECTION 232.897
   232.897 Actions to be taken by lender.
24:2.1.1.2.15.5SUBPART E
Subpart E - Insurance of Mortgages Covering Existing Projects
24:2.1.1.2.15.5.187.1SECTION 232.901
   232.901 Mortgages covering existing projects are eligible for insurance.
24:2.1.1.2.15.5.187.2SECTION 232.902
   232.902 Eligible project.
24:2.1.1.2.15.5.187.3SECTION 232.903
   232.903 Maximum mortgage limitations.
24:2.1.1.2.15.5.187.4SECTION 232.904
   232.904 Term of the mortgage.
24:2.1.1.2.15.5.187.5SECTION 232.905
   232.905 Labor standards and prevailing wage requirements.
24:2.1.1.2.15.5.187.6SECTION 232.906
   232.906 Processing of applications and required fees.
24:2.1.1.2.15.6SUBPART F
Subpart F - Eligible Operators and Facilities and Restrictions on Fund Distributions
24:2.1.1.2.15.6.187.1SECTION 232.1001
   232.1001 Scope.
24:2.1.1.2.15.6.187.2SECTION 232.1003
   232.1003 Eligible operator.
24:2.1.1.2.15.6.187.3SECTION 232.1005
   232.1005 Treatment of project operating accounts.
24:2.1.1.2.15.6.187.4SECTION 232.1007
   232.1007 Operating expenses.
24:2.1.1.2.15.6.187.5SECTION 232.1009
   232.1009 Financial reports.
24:2.1.1.2.15.6.187.6SECTION 232.1011
   232.1011 Management agents.
24:2.1.1.2.15.6.187.7SECTION 232.1013
   232.1013 Restrictions on deposit, withdrawal, and distribution of funds, and repayment of advances.
24:2.1.1.2.15.6.187.8SECTION 232.1015
   232.1015 Prompt notification to HUD and mortgagee of circumstances placing the value of the security at risk.