24 C.F.R. § 242.72

Leasing of hospital.

Last amended: 2016Year: 2026Length: 78 wordsOfficial source

Cite as 24 C.F.R. § 242.72 (2026)

Leasing of a hospital in its entirety is prohibited. Notwithstanding this prohibition, any proposal in which leasing of the entire facility is a factor due to state law prohibitions against the mortgaging of health care facilities by state entities shall be considered on a case-by-case basis. Also, leasing of a hospital that has an existing Section 242-insured loan is permitted if HUD determines that leasing is necessary to reduce the risk of default by a financially troubled hospital.
24 C.F.R. § 242.72: Leasing of hospital. | Justis AI