4140 Statewide Health Planning & Development
Program Descriptions

45 - CAL-MORTGAGE LOAN INSURANCE

The Cal-Mortgage Program is an insurance program for health facility construction, improvement, and expansion loans, to ensure that healthcare providers have adequate access to capital to provide the facilities necessary to meet the healthcare needs of California.

The Program provides financial analysis and review of health facility project applications for Health Facility Construction Loan Insurance, administers loan payback provisions of Fire Protection Loans and Clinic Renovation Loans, and administers the Eminent Domain Certificate Program for health facilities. The Program also ensures that available financial assistance is allocated to eligible health facilities in California. Projects receiving this assistance are subject to on-site construction progress and payment verification inspections to assure conformity with approved plans, specifications and loan agreement terms and conditions.