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Electronic Code of Federal Regulations

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e-CFR Data is current as of October 21, 2014

Title 24Subtitle BChapter IISubchapter BPart 242


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 242—MORTGAGE INSURANCE FOR HOSPITALS

rule

Subpart A—GENERAL ELIGIBILITY REQUIREMENTS

§242.1
Definitions.
§242.2
Program financial self-sufficiency.
§242.3
Encouragement of certain programs.
§242.4
Eligible hospitals.
§242.5
Eligible mortgagees/lenders.
§242.6
Property requirements.
§242.7
Maximum mortgage amounts.
§242.8
Standards for licensure and methods of operation.
§242.9
Physician ownership.
§242.10
Eligible mortgagors.
§242.11
Regulatory compliance required.
§242.13
Parents and affiliates.
§242.14
Mortgage reserve fund.
§242.15
Limitation on refinancing existing indebtedness.
rule

Subpart B—APPLICATION PROCEDURES AND COMMITMENTS

§242.16
Applications.
§242.17
Commitments.
§242.18
Inspection fee.
§242.19
Fees on increases.
§242.20
Reopening of expired commitments.
§242.21
Refund of fees.
§242.22
Maximum fees and charges by mortgagee.
§242.23
Maximum mortgage amounts and cash equity requirements.
§242.24
Initial operating costs.
rule

Subpart C—MORTGAGE REQUIREMENTS

§242.25
Mortgage form and disbursement of mortgage proceeds.
§242.26
Agreed interest rate.
§242.27
Maturity.
§242.28
Allowable costs for consultants.
§242.29
Payment requirements.
§242.30
Application of payments.
§242.31
Accumulation of accruals.
§242.32
Covenant against liens.
§242.33
Covenant for malpractice, fire, and other hazard insurance.
§242.35
Mortgage lien certifications.
§242.37
Mortgage prepayment.
§242.38
Late charge.
rule

Subpart D—ENDORSEMENT FOR INSURANCE

§242.39
Insurance endorsement.
§242.40
Mortgagee certificate.
§242.41
Certification of cost requirements.
§242.42
Certificates of actual cost.
§242.43
Application of cost savings.
rule

Subpart E—CONSTRUCTION

§242.44
Construction standards.
§242.45
Early commencement of work.
§242.46
Insured advances—building loan agreement.
§242.47
Insured advances for building components stored off-site.
§242.48
Insured advances for certain equipment and long lead items.
§242.49
Funds and finances: deposits and letters of credit.
§242.50
Funds and finances: off-site utilities and streets.
§242.51
Funds and finances: Insured advances and assurance of completion.
§242.52
Construction contracts.
§242.53
Excluded contractors.
rule

Subpart F—NONDISCRIMINATION AND WAGE RATES

§242.54
Nondiscrimination.
§242.55
Labor standards.
rule

Subpart G—REGULATORY AGREEMENT, ACCOUNTING AND REPORTING, AND FINANCIAL REQUIREMENTS

§242.56
Form of regulation.
§242.57
Maintenance of hospital facility.
§242.58
Books, accounts, and financial statements.
§242.59
Inspection of facilities by Commissioner.
§242.61
Management.
§242.62
Releases of lien.
§242.63
Additional indebtedness and leasing.
§242.64
Current and future property.
§242.65
Distribution of assets.
§242.66
Affiliate transactions.
§242.67
New corporations, subsidiaries, affiliations, and mergers.
rule

Subpart H—MISCELLANEOUS REQUIREMENTS

§242.68
Disclosure and verification of Social Security and Employer Identification Numbers.
§242.69
Transfer fee.
§242.70
Fees not required.
§242.72
Leasing of hospital.
§242.73
Waiver of eligibility requirements for mortgage insurance.
§242.74
Smoke detectors.
§242.75
Title requirements.
§242.76
Title evidence.
§242.77
Liens.
§242.78
Zoning, deed, and building restrictions.
§242.79
Environmental quality determinations and standards.
§242.81
Lead-based paint poisoning prevention.
§242.82
Energy conservation.
§242.83
Debarment and suspension.
§242.84
Previous participation and compliance requirements.
§242.86
Property and mortgage assessment.
§242.87
Certifications.
§242.89
Supplemental loans.
§242.90
Eligibility of mortgages covering hospitals in certain neighborhoods.
§242.91
Eligibility of refinancing transactions.
§242.92
Minimum principal loan amount.
§242.93
Amendment of regulations.


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