Pub. L. 100-242, tit. IV, subtit. A, sec. 109

REFINANCING MORTGAGE INSURANCE FOR HOSPITALS, NURSING HOMES, INTERMEDIATE CARE FACILITIES, AND BOARD AND CARE HOMES.

EnactedYear: 1988Length: 218 wordsOfficial source
SEC. 109. REFINANCING MORTGAGE INSURANCE FOR HOSPITALS, NURSING HOMES, INTERMEDIATE CARE FACILITIES, AND BOARD AND CARE HOMES. (a) State Certification Requirement.— Section 223(f)(4)(D) of the National Housing Act is amended to read as follows: “(D) the applicable requirements for certificates, studies, and statements of section 232 (for the existing nursing home, intermediate care facility, board and care home, or any combination thereof, proposed to be refinanced) or of section 242 (for the existing hospital proposed to be refinanced) have been met.”. (b) Refinancing Insurance for Nursing Homes, Intermediate Care Facilities, and Board and Care Homes.— Section 223(f) of the National Housing Act is amended— 101 STAT. 1904 (1) in paragraph (1), by inserting after “existing hospital” the following: “(or existing nursing home, existing intermediate care facility, existing board and care home, or any combination thereof)”; and (2) in paragraph (4) (other than in subparagraph (D)), by inserting after “existing hospital” each place it appears the following: “(or existing nursing home, existing intermediate care facility, existing board and care home, or any combination thereof)”. (c) Regulations.— The Secretary of Housing and Urban Development shall issue such regulations as may be necessary to carry out the amendment made by this section by not later than the expiration of the 90-day period following the date of the enactment of this Act.
Pub. L. 100-242, tit. IV, subtit. A, sec. 109: REFINANCING MORTGAGE INSURANCE FOR HOSPITALS, NURSING HOMES, INTERMEDIATE CARE FACILITIES, AND BOARD AND CARE HOMES. | Justis AI