Sec. 2. Mortgage insurance for certain treatment facilities
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Section 232 of the National Housing Act ( 12 U.S.C. 1715w ) is amended— in subsection (b)— in paragraph (6)(C), by striking and at the end; in paragraph (7), by striking the final period and inserting a semicolon; and by adding at the end the following: the term inpatient psychiatric treatment facility means a public facility, proprietary facility, or facility of a private nonprofit corporation or association that— is licensed or regulated by the State (or, if there is no State law providing for such licensing or regulation by the State, by the municipality or other political subdivision in which the facility is located) for inpatient psychiatric treatment; or has deemed status in the State pursuant to accreditation by the Joint Commission, the Commission on the Accreditation of Rehabilitation Facilities, or the Council on Accreditation; and the term chemical dependence treatment facility means a public facility, proprietary facility, or facility of a private nonprofit corporation or association that— is licensed or regulated by the State (or, if there is no State law providing for such licensing or regulation by the State, by the municipality or other political subdivision in which the facility is located) for chemical dependency treatment; or has deemed status in the State pursuant to accreditation by the Joint Commission, the Commission on the Accreditation of Rehabilitation Facilities, or the Council on Accreditation. ; and in subsection (d)— by striking , or intermediate care facility and inserting , intermediate care facility, inpatient psychiatric treatment facility, or chemical dependence treatment facility ; by striking assisted living facility, or intermediate care facility and inserting assisted living facility, intermediate care facility, inpatient psychiatric treatment facility, or chemical dependence treatment facility ; and by striking assisted living facility, and intermediate care facility and inserting assisted living facility, intermediate care facility, inpatient psychiatric treatment facility, and chemical dependence treatment facility .
Section 4 of the Department of Housing and Urban Development Act ( 42 U.S.C. 3533 ) is amended by adding at the end the following: There is established within the Federal Housing Administration the Office of Psychiatric and Addiction Treatment Facilities (referred to in this subsection as the Office ). Not later than 1 year after the date of the enactment of this subsection, the Secretary shall appoint an Assistant Director, who shall— carry out the functions described in paragraph (3); and report directly to the Deputy Assistant Secretary for Healthcare Programs.
The Office shall oversee mortgage insurance that is authorized under section 232 of the National Housing Act ( 12 U.S.C. 1715w ) to be provided to an inpatient psychiatric treatment facility or a chemical dependence treatment facility (as such terms are defined in subsection
(b)of such section). . There is authorized to be appropriated to the Federal Housing Commissioner such sums as are necessary to carry out this section, including any costs related to— hiring staff and temporary consultants; developing policies, procedures, and underwriting models; and updating information management systems. In each fiscal year, the sum of any amounts appropriated pursuant to paragraph
(1)and any amounts appropriated pursuant to section 519 of the National Housing Act ( 12 U.S.C. 1735c ) with respect to the mortgage insurance programs described in section 232 of the National Housing Act ( 12 U.S.C. 1715w ) and section 242 of the National Housing Act ( 12 U.S.C. 1715z–7 ) shall not exceed the amount that is the total amount generated through the collection of premiums associated with such programs. If the amount that is the total amount generated through the collection of premiums associated with the mortgage insurance programs described in section 232 of the National Housing Act ( 12 U.S.C. 1715w ) is less than the amount equal to the net present value of claims, nothing in this section may be construed to waive or eliminate the limitation described in paragraph (2).
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- 12 USC 1715z–7
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Sec. 2
Mortgage insurance for certain treatment facilities
Cite12 USC 1715z–7
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