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Commonly Asked Questions Critical Access Hospitals New Construction or Substantial Rehab Default Workout Services Introduction Section 221(d)(4) & Section 220 Section 223(f): Multifamily Refinance or AcquisitionSection 223(f) Section 231: New Construction / Sub Rehab of Dedicated Rental Housing for Elderly (Aged 62+) or People with Disabilities Section 232 / 241(a): Supplemental Financing for Repairs, Improvements or Additions to FHA-Insured Skilled Nursing & Assisted Living Facilities Section 232:  New Construction / Sub Rehab Skilled Nursing & Assisted Living Facilities Section 232/223(a)(7):  Refinance for FHA Insured Properties – Skilled Nursing & Assisted Living Section 232/223(f):  Refinance / Acquisition of Skilled Nursing & Assisted Living Facilities Section 242: New Construction / Sub Rehab of Acute Care Facilities Section 242/223(f):  Refinance / Acquisition of Acute Care Facilities Section: 241(a): Supplemental Loan for FHA Insured Properties


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