<<NOTE: The above of facility or care types. Those definitions may reflect HUD’s definitions not align with state licensing definitions.>> Independent Units-As-Is Select all applicable statements: There will be NO unlicensed/independent beds at the subject. There will be unlicensed/independent beds at the subject; however, the total does not exceed 25% of the total beds at the facility. Independent Units-As-Rehabilitated Select all applicable statements: There will be NO unlicensed/independent beds at the subject. There will be unlicensed/independent beds at the subject; however, the total does not exceed 25% of the total beds at the facility. Licensing/Certificate of Need/Keys Amendment Number of Beds to be licensed: Lender has verified that the beds or units in operation are in compliance with the State licensing agency. <<Provide affirmative statement along the lines of: facility is to be licensed by the State of “The Department of Health and Welfare as a {Type of Facility} for {X} beds. The license is {State}’s to be issued to {Name of Entity on Describe the licensing process. It is effective License}.” {date}, through {date}. The license covers {number of beds}.”>> <<Provide affirmative statement along the lines of: is no Certificate of Need (CON) “There requirement in {State} for {Type of OR Certificate of Need (CON), dated Facility}.” – – “A {XXX} was issued by the State of {State} For skilled nursing, where authorizing XX beds…”>> the state does not require a CON, discuss the required independent study conducted by the state or commissioned by the state of market need and feasibility. Include in the discussion the number of beds and the date through which it is current. <<(Applicable on projects with added units/beds.) If a new/updated CON is required by the local regulatory authorities, it is to be issued to the current license holder. Provide affirmative
<<NOTE: The above reflect HUD’s definitions of facility or care types. Those definitions may not align with state licensing definitions.>> Independent Units-As-Is Select all applicable statements: There will be NO unlicensed/independent beds at the subject. There will be unlicensed/independent beds at the subject; however, the total does not exceed 25% of the total beds at the facility. Independent Units-As-Rehabilitated Select all applicable statements: There will be NO unlicensed/independent beds at the subject. There will be unlicensed/independent beds at the subject; however, the total does not exceed 25% of the total beds at the facility. Licensing/Certificate of Need/Keys Amendment Number of Beds to be licensed: Lender has verified that the beds or units in operation are in compliance with the State licensing agency. <<Provide affirmative statement along the lines of: “The facility is to be licensed by the State of {State}’s Department of Health and Welfare as a {Type of Facility} for {X} beds. The license is to be issued to {Name of Entity on License}.” Describe the licensing process. It is effective {date}, through {date}. The license covers {number of beds}.”>> <<Provide affirmative statement along the lines of: “There is no Certificate of Need (CON) requirement in {State} for {Type of Facility}.” – OR – “A Certificate of Need (CON), dated {XXX} was issued by the State of {State} authorizing XX beds…”>> For skilled nursing, where the state does not require a CON, discuss the required independent study conducted by the state or commissioned by the state of market need and feasibility. Include in the discussion the number of beds and the date through which it is current. <<(Applicable on projects with added units/beds.) If a new/updated CON is required by the local regulatory authorities, it is to be issued to the current license holder. Provide affirmative
9007_orcf-Clean.docx