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Code · CFR · Title 24 — Housing and Urban Development · Part 242 — Mortgage Insurance for Hospitals · § 242.7

§ 242.7. Maximum mortgage amounts.

43 words·~1 min read·/us/cfr/t24/s§ 242.7·

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The mortgage shall involve a principal obligation not in excess of 90 percent of HUD's estimate of the replacement cost of the hospital, including the equipment to be used in its operation when the proposed improvements are completed and the equipment is installed.
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§ 242.7
Maximum mortgage amounts.
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