Revised Section 242 Documents Published September 2016
The Office of Hospital Facilities is pleased to announce the publication of OMB Collection 2502-0602, Comprehensive Transactional Forms Supporting FHA's Section 242 Program.
Section 242 Mortgage Insurance Pre-Screening Tool
Did you know there is a free, online Pre-Screening Tool available for potential applicants? Click on the 'Learn More' button to try the tool today.
February 2014 Section 242 Handbook Revisions
Handbook 4615.1 REV-1 for Section 242 Mortgage Insurance for Hospitals was revised on 2/7/14 - See HUDClips for details.
Office of Hospital Facilities 2013 Lender Training
On July 31, 2013, OHF held a national Lender Training on the Section 242/223(f) Hospital Refinancing Program for both live and virtual attendees.
Lender Training Materials Available for Download
Training materials, worksheets, and presentations from prior Lender Trainings are available on the OHF website.
Office of Hospital Facilities
The Office of Hospital Facilities (OHF) administers FHA's Section 242 Mortgage Insurance for Hospitals program within the Office of Healthcare Programs. Section 242 of the National Housing Act provides mortgage insurance for acute care hospital facilities ranging from large teaching institutions to small rural critical access hospitals. OHF is headed by the Director of the Office of Hospital Facilities, and is comprised of two divisions which support underwriting and asset management of FHA-insured hospital loans. OHF staff members are primarily located at HUD Headquarters and New York City, with out-stationed staff in Jacksonville, Houston, Milwaukee, and New Orleans.