Notice2022-17306
Changes in Certain Office of Healthcare Programs Insurance Premiums; Correction
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 12, 2022
Issuing agencies
Housing and Urban Development Department
Abstract
On May 19, 2022, HUD published a notice in the Federal Register entitled, "Changes in Certain Office of Healthcare Programs Insurance Premiums." The notice contained a chart showing FHA Office of Health Care Facilities Insurance Premiums by Rate & Category. That chart incorrectly listed current upfront capitalized mortgage insurance premium (MIP) basis points for some of the listed programs. Additionally, the chart contained an incorrect note related to MIPs. Today's notice corrects the chart and associated note in the notice published on May 19, 2022.
Full Text
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<title>Federal Register, Volume 87 Issue 155 (Friday, August 12, 2022)</title>
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[Federal Register Volume 87, Number 155 (Friday, August 12, 2022)]
[Notices]
[Pages 49877-49878]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-17306]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-6302-C-02]
Changes in Certain Office of Healthcare Programs Insurance
Premiums; Correction
AGENCY: Office of General Counsel, HUD.
ACTION: Notice, correction.
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SUMMARY: On May 19, 2022, HUD published a notice in the Federal
Register entitled, ``Changes in Certain Office of Healthcare Programs
Insurance Premiums.'' The notice contained a chart showing FHA Office
of Health Care Facilities Insurance Premiums by Rate & Category. That
chart incorrectly listed current upfront capitalized mortgage insurance
premium (MIP) basis points for some of the listed programs.
Additionally, the chart contained an incorrect note related to MIPs.
Today's notice corrects the chart and associated note in the notice
published on May 19, 2022.
DATES: Applicable: August 12, 2022.
FOR FURTHER INFORMATION CONTACT: John Hartung, Director, Policy, Risk
Analysis & Lender Relations Division, Office of Residential Care
Facilities, Office of Healthcare Programs, Office of Housing,
Department of Housing and Urban Development, 1222 Spruce Street, St.
Louis, MO 63103-2836; telephone: 314-418-5238 (this is not a toll-free
number). Persons with hearing or speech impairments may access this
number through TTY by calling the toll-free Federal Information Relay
Service at 800-877-8339 (this is a toll-free number).
SUPPLEMENTARY INFORMATION: On May 19, 2022 (87 FR 30510) (FR Doc. 2022-
10539), HUD issued a public notice announcing proposed mortgage
insurance premium (MIP) changes to an earlier October 2, 2015, notice,
for certain commitments issued or reissued beginning October 1, 2022.
The May 19, 2022, notice contained a chart that incorrectly listed
current upfront capitalized MIP basis points for 232 NC/SR Healthcare
Facilities w/o LIHTC, 232 NC/SR Healthcare Facilities with LIHTC,
223(d) Operating Loss Loan for Healthcare Facilities, 241(a) Supp. Loan
for Healthcare Facilities w/o LIHTC, 241(a) Supp. Loan for Healthcare
Facilities with LIHTC, 242 Hospitals, and 241(a) Supplemental Loans for
Hospitals as each being 100. Under the October 2, 2015, notice, the
correct current up front capitalized MIP basis points for each of these
categories is, respectively, 77, 45, 95, 72, 45, 70,
[[Page 49878]]
and 65. Additionally, the May 19, 2022, notice contained a note to the
chart that contained inaccurate and inapplicable information related to
current upfront basis points.
Correction
In the Federal Register of May 19, 2022, in FR Doc. 2020-10539, on
pages 30512-30513, replace the chart titled ``FHA Office of Health Care
Facilities Insurance Premiums By Rate & Category'' with the following:
FHA Office of Health Care Facilities Insurance Premiums by Rate & Category
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Green and
energy Green and
efficient: energy
Current upfront upfront Current annual efficient:
Category capitalized MIP capitalized MIP MIP basis points annual MIP
* basis points * basis points, basis points,
effective 10- effective 10-
01-22 01-22
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Section 232 Healthcare Facilities (SNF,
ALF, B&C):
232 NC/SR Healthcare Facilities w/o 77 25 77 25
LIHTC..................................
232 NC/SR--Assisted Living Facilities 45 25 45 25
with LIHTC.............................
232/223(f) Refi for Healthcare 100 25 65 25
Facilities w/o LIHTC...................
232/223(f) Refi for Healthcare 100 25 45 25
Facilities with LIHTC..................
232/223(a)(7) Refi of Healthcare 50 25 55 25
Facilities w/o LIHTC...................
232/223(a)(7) Refi of Healthcare 50 25 45 25
Facilities with LIHTC..................
223(d) Operating Loss Loan for 95 n/a 95 n/a
Healthcare Facilities..................
241(a) Supp. Loan for Healthcare 72 25 72 25
Facilities w/o LIHTC...................
241(a) Supp. Loan for Healthcare 45 25 45 25
Facilities with LIHTC..................
223(i) Fire Safety Equipment Loan....... 100 n/a 100 n/a
Section 242 FHA Hospital Insurance
Program:
242 Hospitals........................... 70 n/a 70 n/a
223(a)(7) Refinance of Existing FHA- 50 n/a 55 n/a
Insured Hospital.......................
223(f) Refinance or Purchase of Existing 100 n/a 65 n/a
Non-FHA-Insured Hospital...............
241(a) Supplemental Loans for Hospitals. 65 n/a 65 n/a
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* MIP premiums are separate and apart from (and in addition to) the application fees.
Aaron Santa Anna,
Associate General Counsel for Legislation and Regulations.
[FR Doc. 2022-17306 Filed 8-11-22; 8:45 am]
BILLING CODE 4210-67-P
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</html>Indexed from Federal Register on August 12, 2022.
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