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Hospitals and Physicians Eligible for Loans Under Federal Housing Administration
Hospitals and similar institutions, whether owned and operated by individuals or corporations, are eligible for loans for modernization, repair and equipment under the Modernization Credit Plan of the Federal Housing Administration.Physicians and surgeons who maintain their offices in buildings removed from their homes, as well as those who have their offices in dwellings, may also take advantage of the plan to have the most modern establishment and equipment.The distinction is that the hospital, diagnostic center, or the office of the physician when it is not located in a dwelling, may obtain credit, anywhere from a few hundred dollars to as much as $50,000, while the physician is limited to a loan of $2,000 when his office is a part of a home.The office in a business building, where frequently a number of physicians have their individual consultation
Government Services. JAMA. 1935;105(25):2081. doi:10.1001/jama.1935.02760510053019
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