Money to Buy a Hospital
The Federal Housing Administration helps hospitals access affordable financing for capital projects. You can use the money for construction financing, refinancing, modernization, remodeling, equipment, or expansion. To be considered for insurance, a hospital must meet certain minimum eligibility requirements. (14.128 Mortgage Insurance- Hospitals 242) Contact your local HUD office, contact the FHA Mortgage Hotline at 1-800-HUDSFHA, or check out the program online at www.hud.gov or Office of Insured Health Care Facilities, U.S. Department of Housing and Urban Development, Washington, DC 20410; 202-708-0599; http://www.hud.gov/offices/hsg/hosp/hosmission.cfm
Income Eligibility: Determined on a case-by-case basis.
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Tags: DC, federal housing administration, financing, housing, local hud office, minimum eligibility requirements, Money, Washington