FHA hospital loans since 1968
HUD's files record 493 hospital loans since the first endorsement on August 22, 1968, $23.49 billion at origination. 417 have ended, most by prepayment. 32 ended in an insurance claim, $705.4 million of original principal, the latest in 2024.
| Decade | Loans | Original amount | Still active | Ended in a claim |
|---|---|---|---|---|
| 1960s | 6 | $11.8 million | 0 | 0 |
| 1970s | 194 | $2.25 billion | 0 | 17 |
| 1980s | 99 | $4.26 billion | 0 | 8 |
| 1990s | 37 | $2.61 billion | 1 | 1 |
| 2000s | 69 | $6.32 billion | 17 | 5 |
| 2010s | 64 | $4.98 billion | 34 | 1 |
| 2020s | 24 | $3.05 billion | 24 | 0 |
How the 417 ended loans ended
- Prepayment 352
- Assignment 30
- Maturity 21
- Voluntary 10
- CORRECTION/CANCELLATION 1
- CONVEYANCE 1
- Acquired 1
- OMHAR re engineering W/O Partial Claim 1
The 32 claims
| Hospital (as filed) | Location | Endorsed | Original | Claim terminated |
|---|---|---|---|---|
| St Marks Medical Center | La Grange, Texas | 2004 | $24.2 million | 2024 |
| Lrg Healthcare | Laconia, New Hampshire | 2009 | $135.5 million | 2021 |
| Lakeway Regional Medical Center | Lakeway, Texas | 2010 | $166.9 million | 2014 |
| Blue Mountain Hospital | Blanding San Juan, Utah | 2006 | $14.6 million | 2011 |
| Bucyrus Community Hospital | Bucyrus, Ohio | 2005 | $26.9 million | 2010 |
| Barnert Memorial Hosp | Paterson, New Jersey | 1999 | $34.9 million | 2008 |
| Hospital Dr Pila | Ponce Municipio, Puerto Rico | 1985 | $16.8 million | 2007 |
| Moore Medical Center | Moore, Oklahoma | 2003 | $39.7 million | 2007 |
| Delaware Valley Medical Center | Bristol Twp, Pennsylvania | 1982 | $32.2 million | 1999 |
| Cranston General Hosp | Cranston, Rhode Island | 1978 | $2.4 million | 1994 |
| At & Sf Memorial Hosp | Topeka, Kansas | 1979 | $6.9 million | 1993 |
| Southwest Detroit Hosp | Detroit, Michigan | 1972 | $4.3 million | 1991 |
| Sheehan Memorial Hospital | Buffalo, New York | 1976 | $14.0 million | 1991 |
| Delaware Valley Hosp-Ref | Walton, New York | 1987 | $3.2 million | 1991 |
| Hospital Interamericano de Medicina Avanzada | Caguas, Puerto Rico | 1985 | $41.1 million | 1991 |
| Moses Luddington Nursing Home | Ticonderoga, New York | 1980 | $6.8 million | 1991 |
| Newport News Gen Hosp | Newport News, Virginia | 1983 | $13.3 million | 1991 |
| Detroit Medical Health | Detroit, Michigan | 1970 | $812,800 | 1989 |
| Park Community Hospital | Detroit, Michigan | 1978 | $6.3 million | 1989 |
| Dobbs Ferry Hospital | Dobbs Ferry, New York | 1984 | $11.3 million | 1989 |
| St Marys Hospital | Philadelphia, Pennsylvania | 1977 | $5.0 million | 1988 |
| Univ of Health Sciences | Kansas City, Missouri | 1973 | $22.4 million | 1988 |
| Mary Thompson Hospital | Chicago, Illinois | 1975 | $6.3 million | 1988 |
| Prvdnt Hosp&trng Centr | Chicago, Illinois | 1978 | $13.8 million | 1987 |
| Walther Memorial Hosp | Chicago, Illinois | 1979 | $9.0 million | 1987 |
| So Charleston Comm Hosp | South Charleston, West Virginia | 1984 | $5.8 million | 1987 |
| Name not reported | 1974 | $12.5 million | 1979 | |
| Victoria Hospital | Miami, Florida | 1971 | $19.0 million | 1974 |
| Juab County Clinic | Nephi, Utah | 1973 | $179,200 | 1974 |
| Space Ctr Mem Hsp | Houston, Texas | 1970 | $7.0 million | 1974 |
| Space Center Hospital | Houston, Texas | 1973 | $1.1 million | 1974 |
| Freeport Diagnostic Ctr | Freeport, New York | 1971 | $1.3 million | 1973 |
These counts are ours, from HUD's terminated-loan file; HUD doesn't publish a claim rate for the program, and the file shows original principal, not what HUD paid or recovered. HUD records 30 of the 32 claims as assignments of the mortgage to HUD.
Source: HUD, Insured Multifamily Mortgages active and terminated files, current as of September 30, 2026, rows labeled "MF Hospitals".