Intermediate Care

Intermediate Care in Relation to HUD 232 Loans 

Intermediate Care in Relation to HUD 232 Loans 

In addition to allowing for the financing of skilled nursing, assisted living, and memory care facilities, HUD 232 and HUD 232/223(f) loans also permit the funding of intermediate care facilities. But what is an intermediate care facility? The definition of intermediate care can vary significantly based on the context, but typically involves the care of elderly individuals who have significant medical conditions, but may not need full hospitalization.