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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.

Key Takeaways

  • 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.