Rural Health Care Capital Access Act of 2006
Last action on Jul 10, 2006Became Public Law No: 109-240.
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Summary
The Rural Health Care Capital Access Act of 2006 (Public Law 109-240) extended a critical financial protection for small, rural hospitals seeking to upgrade their facilities. Specifically, it extended an exemption that allows "critical access hospitals" to qualify for Federal Housing Administration (FHA) mortgage insurance even if they do not meet certain patient-day requirements typically required of larger hospitals. By making it easier for these small facilities to obtain federally backed loans, the law helped ensure that rural communities could maintain local access to modern emergency and clinical medical services.
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