Title 24

PART 242

Part 242 - Mortgage Insurance For Hospitals

PART 242 - MORTGAGE INSURANCE FOR HOSPITALS Authority:12 U.S.C. 1709, 1710, 1715b, 1715n(f), and 1715u; 42 U.S.C. 3535(d). Source:72 FR 67546, Nov. 28, 2007, unless otherwise noted.

24:2.1.1.2.19.1SUBPART A
Subpart A - General Eligibility Requirements
24:2.1.1.2.19.1.211.1SECTION 242.1
   242.1 Definitions.
24:2.1.1.2.19.1.211.2SECTION 242.2
   242.2 Program financial self-sufficiency.
24:2.1.1.2.19.1.211.3SECTION 242.3
   242.3 Encouragement of certain programs.
24:2.1.1.2.19.1.211.4SECTION 242.4
   242.4 Eligible hospitals.
24:2.1.1.2.19.1.211.5SECTION 242.5
   242.5 Eligible mortgagees/lenders.
24:2.1.1.2.19.1.211.6SECTION 242.6
   242.6 Property requirements.
24:2.1.1.2.19.1.211.7SECTION 242.7
   242.7 Maximum mortgage amounts.
24:2.1.1.2.19.1.211.8SECTION 242.8
   242.8 Standards for licensure and methods of operation.
24:2.1.1.2.19.1.211.9SECTION 242.9
   242.9 Physician ownership.
24:2.1.1.2.19.1.211.10SECTION 242.10
   242.10 Eligible mortgagors.
24:2.1.1.2.19.1.211.11SECTION 242.11
   242.11 Regulatory compliance required.
24:2.1.1.2.19.1.211.12SECTION 242.13
   242.13 Parents and affiliates.
24:2.1.1.2.19.1.211.13SECTION 242.14
   242.14 Mortgage reserve fund.
24:2.1.1.2.19.1.211.14SECTION 242.15
   242.15 Limitation on refinancing existing indebtedness.
24:2.1.1.2.19.2SUBPART B
Subpart B - Application Procedures and Commitments
24:2.1.1.2.19.2.211.1SECTION 242.16
   242.16 Applications.
24:2.1.1.2.19.2.211.2SECTION 242.17
   242.17 Commitments.
24:2.1.1.2.19.2.211.3SECTION 242.18
   242.18 Inspection fee.
24:2.1.1.2.19.2.211.4SECTION 242.19
   242.19 Fees on increases.
24:2.1.1.2.19.2.211.5SECTION 242.20
   242.20 Reopening of expired commitments.
24:2.1.1.2.19.2.211.6SECTION 242.21
   242.21 Refund of fees.
24:2.1.1.2.19.2.211.7SECTION 242.22
   242.22 Maximum fees and charges by mortgagee.
24:2.1.1.2.19.2.211.8SECTION 242.23
   242.23 Maximum mortgage amounts and cash equity requirements.
24:2.1.1.2.19.2.211.9SECTION 242.24
   242.24 Initial operating costs.
24:2.1.1.2.19.3SUBPART C
Subpart C - Mortgage Requirements
24:2.1.1.2.19.3.211.1SECTION 242.25
   242.25 Mortgage form and disbursement of mortgage proceeds.
24:2.1.1.2.19.3.211.2SECTION 242.26
   242.26 Agreed interest rate.
24:2.1.1.2.19.3.211.3SECTION 242.27
   242.27 Maturity.
24:2.1.1.2.19.3.211.4SECTION 242.28
   242.28 Allowable costs for consultants.
24:2.1.1.2.19.3.211.5SECTION 242.29
   242.29 Payment requirements.
24:2.1.1.2.19.3.211.6SECTION 242.30
   242.30 Application of payments.
24:2.1.1.2.19.3.211.7SECTION 242.31
   242.31 Accumulation of accruals.
24:2.1.1.2.19.3.211.8SECTION 242.32
   242.32 Covenant against liens.
24:2.1.1.2.19.3.211.9SECTION 242.33
   242.33 Covenant for malpractice, fire, and other hazard insurance.
24:2.1.1.2.19.3.211.10SECTION 242.35
   242.35 Mortgage lien certifications.
24:2.1.1.2.19.3.211.11SECTION 242.37
   242.37 Mortgage prepayment.
24:2.1.1.2.19.3.211.12SECTION 242.38
   242.38 Late charge.
24:2.1.1.2.19.4SUBPART D
Subpart D - Endorsement for Insurance
24:2.1.1.2.19.4.211.1SECTION 242.39
   242.39 Insurance endorsement.
24:2.1.1.2.19.4.211.2SECTION 242.40
   242.40 Mortgagee certificate.
24:2.1.1.2.19.4.211.3SECTION 242.41
   242.41 Certification of cost requirements.
24:2.1.1.2.19.4.211.4SECTION 242.42
   242.42 Certificates of actual cost.
24:2.1.1.2.19.4.211.5SECTION 242.43
   242.43 Application of cost savings.
24:2.1.1.2.19.5SUBPART E
Subpart E - Construction
24:2.1.1.2.19.5.211.1SECTION 242.44
   242.44 Construction standards.
24:2.1.1.2.19.5.211.2SECTION 242.45
   242.45 Early commencement of work.
24:2.1.1.2.19.5.211.3SECTION 242.46
   242.46 Insured advances - building loan agreement.
24:2.1.1.2.19.5.211.4SECTION 242.47
   242.47 Insured advances for building components stored off-site.
24:2.1.1.2.19.5.211.5SECTION 242.48
   242.48 Insured advances for certain equipment and long lead items.
24:2.1.1.2.19.5.211.6SECTION 242.49
   242.49 Funds and finances: deposits and letters of credit.
24:2.1.1.2.19.5.211.7SECTION 242.50
   242.50 Funds and finances: off-site utilities and streets.
24:2.1.1.2.19.5.211.8SECTION 242.51
   242.51 Funds and finances: Insured advances and assurance of completion.
24:2.1.1.2.19.5.211.9SECTION 242.52
   242.52 Construction contracts.
24:2.1.1.2.19.5.211.10SECTION 242.53
   242.53 Excluded contractors.
24:2.1.1.2.19.6SUBPART F
Subpart F - Nondiscrimination and Wage Rates
24:2.1.1.2.19.6.211.1SECTION 242.54
   242.54 Nondiscrimination.
24:2.1.1.2.19.6.211.2SECTION 242.55
   242.55 Labor standards.
24:2.1.1.2.19.7SUBPART G
Subpart G - Regulatory Agreement, Accounting and Reporting, and Financial Requirements
24:2.1.1.2.19.7.211.1SECTION 242.56
   242.56 Form of regulation.
24:2.1.1.2.19.7.211.2SECTION 242.57
   242.57 Maintenance of hospital facility.
24:2.1.1.2.19.7.211.3SECTION 242.58
   242.58 Books, accounts, and financial statements.
24:2.1.1.2.19.7.211.4SECTION 242.59
   242.59 Inspection of facilities by Commissioner.
24:2.1.1.2.19.7.211.5SECTION 242.61
   242.61 Management.
24:2.1.1.2.19.7.211.6SECTION 242.62
   242.62 Releases of lien.
24:2.1.1.2.19.7.211.7SECTION 242.63
   242.63 Additional indebtedness and leasing.
24:2.1.1.2.19.7.211.8SECTION 242.64
   242.64 Current and future property.
24:2.1.1.2.19.7.211.9SECTION 242.65
   242.65 Distribution of assets.
24:2.1.1.2.19.7.211.10SECTION 242.66
   242.66 Affiliate transactions.
24:2.1.1.2.19.7.211.11SECTION 242.67
   242.67 New corporations, subsidiaries, affiliations, and mergers.
24:2.1.1.2.19.8SUBPART H
Subpart H - Miscellaneous Requirements
24:2.1.1.2.19.8.211.1SECTION 242.68
   242.68 Disclosure and verification of Social Security and Employer Identification Numbers.
24:2.1.1.2.19.8.211.2SECTION 242.69
   242.69 Transfer fee.
24:2.1.1.2.19.8.211.3SECTION 242.70
   242.70 Fees not required.
24:2.1.1.2.19.8.211.4SECTION 242.72
   242.72 Leasing of hospital.
24:2.1.1.2.19.8.211.5SECTION 242.73
   242.73 Waiver of eligibility requirements for mortgage insurance.
24:2.1.1.2.19.8.211.6SECTION 242.74
   242.74 Smoke detectors.
24:2.1.1.2.19.8.211.7SECTION 242.75
   242.75 Title requirements.
24:2.1.1.2.19.8.211.8SECTION 242.76
   242.76 Title evidence.
24:2.1.1.2.19.8.211.9SECTION 242.77
   242.77 Liens.
24:2.1.1.2.19.8.211.10SECTION 242.78
   242.78 Zoning, deed, and building restrictions.
24:2.1.1.2.19.8.211.11SECTION 242.79
   242.79 Environmental quality determinations and standards.
24:2.1.1.2.19.8.211.12SECTION 242.81
   242.81 Lead-based paint poisoning prevention.
24:2.1.1.2.19.8.211.13SECTION 242.82
   242.82 Energy conservation.
24:2.1.1.2.19.8.211.14SECTION 242.83
   242.83 Debarment and suspension.
24:2.1.1.2.19.8.211.15SECTION 242.84
   242.84 Previous participation and compliance requirements.
24:2.1.1.2.19.8.211.16SECTION 242.86
   242.86 Property and mortgage assessment.
24:2.1.1.2.19.8.211.17SECTION 242.87
   242.87 Certifications.
24:2.1.1.2.19.8.211.18SECTION 242.89
   242.89 Supplemental loans.
24:2.1.1.2.19.8.211.19SECTION 242.90
   242.90 Eligibility of mortgages covering hospitals in certain neighborhoods.
24:2.1.1.2.19.8.211.20SECTION 242.91
   242.91 Eligibility of refinancing transactions.
24:2.1.1.2.19.8.211.21SECTION 242.92
   242.92 Minimum principal loan amount.
24:2.1.1.2.19.8.211.22SECTION 242.93
   242.93 Amendment of regulations.