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Code · CFR · Title 24 — Housing and Urban Development · Part 242 — Mortgage Insurance for Hospitals · § 242.72

§ 242.72. Leasing of hospital.

78 words·~1 min read·/us/cfr/t24/s§ 242.72·

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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.
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§ 242.72
Leasing of hospital.
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