[Federal Register Volume 87, Number 155 (Friday, August 12, 2022)]
[Notices]
[Pages 49877-49878]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[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