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Electronic Code of Federal Regulations

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e-CFR Data is current as of December 18, 2014

Title 24Subtitle BChapter IISubchapter BPart 232


TITLE 24—Housing and Urban Development

Subtitle B—REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT (CONTINUED)

CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES

PART 232—MORTGAGE INSURANCE FOR NURSING HOMES, INTERMEDIATE CARE FACILITIES, BOARD AND CARE HOMES, AND ASSISTED LIVING FACILITIES

rule

Subpart A—ELIGIBILITY REQUIREMENTS

§232.1
Eligibility requirements, generally; applicability of certain requirements.
§232.2
License.
§232.3
Eligible borrower.
§232.7
Bathroom.
§232.11
Establishment and maintenance of long-term debt service reserve account.
rule

Subpart B—CONTRACT RIGHTS AND OBLIGATIONS

§232.251
Cross-reference.
§232.252
Definitions.
§232.254
Withdrawal of project funds, including for repayments of advances from the borrower, operator, or management agent.
§232.256
Partial payment of claims.
rule

Subpart C—ELIGIBILITY REQUIREMENTS—SUPPLEMENTAL LOANS TO FINANCE PURCHASE AND INSTALLATION OF FIRE SAFETY EQUIPMENT

§232.500
Definitions.

Fees and Charges

§232.505
Application and application fee.
§232.510
Commitment and commitment fee.
§232.515
Refund of fees.
§232.520
Maximum fees and charges by lender.
§232.522
Inspection fee.

Eligible Security Instruments

§232.525
Note and security form.
§232.530
Disbursement of proceeds.
§232.535
Loan multiples—minimum principal.
§232.540
Method of loan payment and amortization period.
§232.545
Covenant against liens.
§232.550
Accumulation of next premium.
§232.555
Security instrument and lien.
§232.560
Interest rate.
§232.565
Maximum loan amount.
§232.570
Endorsement of credit instrument.
§232.580
Application of payments.
§232.585
Prepayment privilege and prepayment charge.
§232.586
Minimum principal loan amount.

Property Requirements

§232.590
Eligibility of property.
§232.591
Smoke detectors.

Title

§232.595
Eligibility of title.
§232.600
Title evidence.

Form of Contract

§232.605
Contract requirements.

Cost Certification Requirements

§232.610
Certification of cost requirements.

Eligible Borrowers

§232.615
Eligible borrowers.
§232.616
Disclosure and verification of Social Security and Employer Identification Numbers.

Special Requirements

§232.620
Determination of compliance by HHS.
§232.625
Discrimination prohibited.
§232.630
Assurance of completion.
rule

Subpart D—CONTRACT RIGHTS AND OBLIGATIONS

§232.800
Definitions.

Premiums

§232.805
Insurance premiums.
§232.805a
Mortgagee's late charge.
§232.815
Termination of insurance.
§232.825
Pro rata refund of insurance premium.

Rights and Duties of Lender Under the Contract of Insurance

§232.830
Definition of default.
§232.840
Date of default.
§232.850
Notice of default.
§232.860
Commissioner's right to require acceleration.
§232.865
Election by lender.
§232.875
Maximum claim period.
§232.880
Items to be delivered on submitting claim.
§232.885
Insurance benefits.
§232.890
Characteristics of debentures.
§232.893
Cash adjustment.

Assignments

§232.895
Assignment of insured loans.

Extension of Time

§232.897
Actions to be taken by lender.
rule

Subpart E—INSURANCE OF MORTGAGES COVERING EXISTING PROJECTS

§232.901
Mortgages covering existing projects are eligible for insurance.
§232.902
Eligible project.
§232.903
Maximum mortgage limitations.
§232.904
Term of the mortgage.
§232.905
Labor standards and prevailing wage requirements.
§232.906
Processing of applications and required fees.
rule

Subpart F—ELIGIBLE OPERATORS AND FACILITIES AND RESTRICTIONS ON FUND DISTRIBUTIONS

§232.1001
Scope.
§232.1003
Eligible operator.
§232.1005
Treatment of project operating accounts.
§232.1007
Operating expenses.
§232.1009
Financial reports.
§232.1011
Management agents.
§232.1013
Restrictions on deposit, withdrawal, and distribution of funds, and repayment of advances.
§232.1015
Prompt notification to HUD and mortgagee of circumstances placing the value of the security at risk.


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