View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
HUD/OH | RIN: 2502-AJ27 | Publication ID: Spring 2015 |
Title: Federal Housing Administration (FHA): Updating Regulations Governing the Financing of the Purchase and Installation of Fire Safety Equipment in FHA-Insured Healthcare Facilities and HUD Fees (FR-5632) | |
Abstract:
FHA insures mortgage loans to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing under the National Housing Act and nursing homes intermediate care facilities board and care homes and assisted-living facilities (collectively residential healthcare facilities) under section 232 of the National Housing Act (the Section 232 program). Through this final rule, HUD updates and streamlines the Section 232 program regulations that govern the financing of the purchase and installation of fire safety equipment in the insured healthcare facilities which have not been substantially updated in over 20 years. These changes will give HUD flexibility in raising or lowering fees and for residential healthcare facilities, streamline the loan application process by eliminating unnecessary requirements, conforming needed requirements to current industry practices, and allowing for HUD to centralize the loan application process. |
|
Agency: Department of Housing and Urban Development(HUD) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 24 CFR 200 24 CFR 232 | |
Legal Authority: 12 U.S.C. 1715b 12 U.S.C. 1715w 42 U.S.C. 3535(d) |
Legal Deadline:
None |
||||||||||||
Timetable:
|
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Dan Sullivan Deputy Director, Office of Multifamily Housing Development Department of Housing and Urban Development Office of Housing 451 7th Street SW., Washington, DC 20410 Phone:202 708-1142 Vance Morris Operations Manager, Office of Healthcare Department of Housing and Urban Development Office of Housing 451 7th Street SW., Washington, DC 20410 Phone:202 402-2419 |