FHA Section 232
FHA Section 232 for Healthcare Facilities play an important role in providing liquidity to the multifamily and healthcare communities. Both for-profit and non-profit borrowers needing to finance new construction or the rehabilitation of skilled nursing, memory care, and assisted living facilities may benefit.
- Healthcare facilities may be eligible for construction and substantial rehabilitation loans.
- Fixed-rate interest rate subject to market conditions.
- Certain mortgage loan limitations, fees and expenses apply.