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Mortgage Insurance Nursing Homes, Intermediate Care Facilities, Board and Care Homes and Assisted Living Facilities is sponsored by Department of Housing And Urban Development.
To provide mortgage insurance to HUD-approved lenders to facilitate the construction or rehabilitation of nursing homes, intermediate care facilities, board and care homes and assisted living facilities, to allow purchase or refinancing with or without repairs of projects not requiring substantial rehabilitation, and to provide loan insurance to install fire safety equipment. This listing is currently active. Program number: 14.
129. Last updated on 2023-08-08.
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Search similar grants →Based on current listing details, eligibility includes: Eligible mortgagors include investors, builders, developers, public entities, nursing homes and private nonprofit corporations or associations. Eligible applicant types include: Other private institutions/organizations, Specialized group (e.g. health professionals, students, veterans), Private nonprofit institution/organization (includes institutions of higher education and hospitals), Profit organization. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Recent federal obligations suggest $3,142,000,000 (2024). Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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