loan guarantees for private entities

loan guarantees for private entities Sec. 108. (a) Section 1304(a) (2) is amended to read as follows: “(2) guarantee to non-Federal lenders payment of the principal of and the interest on loans made to— “(A) nonprofit private entities for planning projects for the establishment or expansion of health maintenance organizations, or “(B) other private entities for such projects for health maintenance organizations which will serve medically underserved populations.”. (b) Section 1304(b) (1) (B) is amended to read as follows: “(B) guarantee to non-Federal lenders payment of the principal of and the interest on loans made to— “(i) nonprofit private entities for projects for the initial development of health maintenance organizations, or “(ii) other private entities for such projects for health maintenance organizations which will serve medically underserved populations.”. (c) Section 1305(a) (3) is amended to read as follows: “(3) guarantee to non-Federal lenders payment of the principal of and the interest on loans made to— “(A) nonprofit private health maintenance organizations for the amounts referred to in paragraph (1) or (2), or “(B) other private health maintenance organizations for such amounts but only if the health maintenance organization will serve a medically underserved population.”. (d) (1) Section 1304(d) is amended by adding at the end the following new sentence: “In considering applications for loan guarantees under this section, the Secretary shall give special consideration to applications for projects for health maintenance organizations which will serve medically underserved populations.”. (2) Section 1305 is amended by adding at the end thereof the following new subsection: “(f) In considering applications for loan guarantees under this section, the Secretary shall give special consideration to applications for health maintenance organizations which will serve medically underserved populations.”.