************************************************************************************************
NEWLY UPDATED AS OF JULY 23, 2012: CLICK HERE to view Interim Guidance for Section 223(a)(7) Refinancing Applications
************************************************************************************************
The Section 242 program is administered by the Office of Hospital Facilities (OHF) 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 Ft. Worth, Jacksonville, Milwaukee, and St. Louis.
