Community Assistance for Recovery and Empowerment Act or the CARE Act
This bill allows inpatient psychiatric treatment facilities and chemical dependence treatment facilities to qualify for Federal Housing Authority mortgage insurance. The bill establishes the Office of Psychiatric and Addition Treatment Facilities to oversee mortgage insurance provided to these facilities.
The bill also specifies that a federally insured loan for improvements to a multifamily housing project or health facility may be used to protect against floods, hurricanes, earthquakes, and other natural disasters. The bill also expands loan insurance for certain energy conservation improvements to include health facility projects.
[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5648 Introduced in House (IH)]
<DOC>
118th CONGRESS
1st Session
H. R. 5648
To amend the National Housing Act to authorize mortgage insurance for
certain treatment facilities, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
September 21, 2023
Mr. Mooney (for himself and Ms. Pettersen) introduced the following
bill; which was referred to the Committee on Financial Services
_______________________________________________________________________
A BILL
To amend the National Housing Act to authorize mortgage insurance for
certain treatment facilities, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Community Assistance for Recovery
and Empowerment Act'' or the ``CARE Act''.
SEC. 2. MORTGAGE INSURANCE FOR CERTAIN TREATMENT FACILITIES.
(a) In General.--Section 232 of the National Housing Act (12 U.S.C.
1715w) is amended--
(1) in subsection (b)--
(A) in paragraph (6)(C), by striking ``and'' at the
end;
(B) in paragraph (7), by striking the final period
and inserting a semicolon; and
(C) by adding at the end the following:
``(8) the term `inpatient psychiatric treatment facility'
means a public facility, proprietary facility, or facility of a
private nonprofit corporation or association that--
``(A) is licensed or regulated by the State (or, if
there is no State law providing for such licensing or
regulation by the State, by the municipality or other
political subdivision in which the facility is located)
for inpatient psychiatric treatment; or
``(B) has deemed status in the State pursuant to
accreditation by the Joint Commission, the Commission
on the Accreditation of Rehabilitation Facilities, or
the Council on Accreditation; and
``(9) the term `chemical dependence treatment facility'
means a public facility, proprietary facility, or facility of a
private nonprofit corporation or association that--
``(A) is licensed or regulated by the State (or, if
there is no State law providing for such licensing or
regulation by the State, by the municipality or other
political subdivision in which the facility is located)
for chemical dependency treatment; or
``(B) has deemed status in the State pursuant to
accreditation by the Joint Commission, the Commission
on the Accreditation of Rehabilitation Facilities, or
the Council on Accreditation.''; and
(2) in subsection (d)--
(A) by striking ``, or intermediate care facility''
and inserting ``, intermediate care facility, inpatient
psychiatric treatment facility, or chemical dependence
treatment facility'';
(B) by striking ``assisted living facility, or
intermediate care facility'' and inserting ``assisted
living facility, intermediate care facility, inpatient
psychiatric treatment facility, or chemical dependence
treatment facility''; and
(C) by striking ``assisted living facility, and
intermediate care facility'' and inserting ``assisted
living facility, intermediate care facility, inpatient
psychiatric treatment facility, and chemical dependence
treatment facility''.
(b) Establishment of the Office of Psychiatric and Addiction
Treatment Facilities.--Section 4 of the Department of Housing and Urban
Development Act (42 U.S.C. 3533) is amended by adding at the end the
following:
``(i) Office of Psychiatric and Addiction Treatment Facilities.--
``(1) Establishment.--There is established within the
Federal Housing Administration the Office of Psychiatric and
Addiction Treatment Facilities (referred to in this subsection
as the `Office').
``(2) Assistant director.--Not later than 1 year after the
date of the enactment of this subsection, the Secretary shall
appoint an Assistant Director, who shall--
``(A) carry out the functions described in
paragraph (3); and
``(B) report directly to the Deputy Assistant
Secretary for Healthcare Programs.
``(3) Functions.--The Office shall oversee mortgage
insurance that is authorized under section 232 of the National
Housing Act (12 U.S.C. 1715w) to be provided to an inpatient
psychiatric treatment facility or a chemical dependence
treatment facility (as such terms are defined in subsection (b)
of such section).''.
(c) Authorization of Appropriations.--
(1) In general.--There is authorized to be appropriated to
the Federal Housing Commissioner such sums as are necessary to
carry out this section, including any costs related to--
(A) hiring staff and temporary consultants;
(B) developing policies, procedures, and
underwriting models; and
(C) updating information management systems.
(2) Limitation.--In each fiscal year, the sum of any
amounts appropriated pursuant to paragraph (1) and any amounts
appropriated pursuant to section 519 of the National Housing
Act (12 U.S.C. 1735c) with respect to the mortgage insurance
programs described in section 232 of the National Housing Act
(12 U.S.C. 1715w) and section 242 of the National Housing Act
(12 U.S.C. 1715z-7) shall not exceed the amount that is the
total amount generated through the collection of premiums
associated with such programs.
(3) Rule of construction.--If the amount that is the total
amount generated through the collection of premiums associated
with the mortgage insurance programs described in section 232
of the National Housing Act (12 U.S.C. 1715w) is less than the
amount equal to the net present value of claims, nothing in
this section may be construed to waive or eliminate the
limitation described in paragraph (2).
SEC. 3. DISASTER PREPAREDNESS AND EFFICIENCY LOANS.
Section 241 of the National Housing Act (12 U.S.C. 1715z-6) is
amended--
(1) in subsection (d)--
(A) by striking ``or other health facility'' and
inserting ``or other health facility, including housing
for employees or trainees of healthcare facilities
insured under this title''; and
(B) by inserting ``, including floods, hurricanes,
earthquakes, and other natural disasters'' after ``fire
or other hazards''; and
(2) in subsection (e)(1), by inserting ``or a group
practice, medical practice facility, hospital, or other health
care facility project approved by the Secretary under section
232 or section 242,'' after ``in a multifamily housing
project''.
SEC. 4. RULEMAKING.
Not later than 180 days after the date of the enactment of this
Act, the Secretary of Housing and Urban Development shall establish a
negotiated rulemaking committee as provided for under section 561 of
title 5, United States Code, to establish the procedures for
implementation of this Act and the amendments made by this Act.
SEC. 5. REPORTING REQUIREMENT.
(a) In General.--Not later than 120 days after the end of the first
fiscal year ending after the date of the enactment of this Act (and
alternating fiscal years thereafter), the Secretary of Housing and
Urban Development (in this section referred to as the ``Secretary'')
shall submit to the House Committee on Financial Services and the
Senate Committee on Banking, Housing, and Urban Affairs a report in
accordance with subsection (b).
(b) Report Contents.--The report required pursuant to subsection
(a) shall include information on the operation of the mortgage
insurance programs described in section 232 of the National Housing Act
(12 U.S.C. 1715w) and section 242 of the National Housing Act (12
U.S.C. 1715z-7) for the 180-day period preceding the submission of such
report, including the following information with respect to each such
program:
(1) The number of applications submitted to the program.
(2) The volume and value of loans issued under the program.
(3) The number and causes of defaults under the program.
(4) The number of claims filed with respect to the program.
(5) The total premiums collected each year.
(6) The financial status of the program, including the
credit subsidy level of the program during the period covered
by the report, as determined by the Congressional Budget
Office.
(c) Public Inspection.--Not later than 30 days after the date on
which a report is submitted pursuant to subsection (a), the Secretary
shall make such report publicly available on the website of the
Department of Housing and Urban Development.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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