An Act to amend section 232 of the National Housing Act to authorize insured loans to provide fire safety equipment for nursing homes and intermediate care facilities.
PL 93-204 (S.513), enacted 12/28/1973

83 STAT. ] 
PUBLIC LAW 93-204-DEC. 28, 1973 
883 
REl'EALER 
SEC. 614. Effective with respect to fiscal years after June 30, 1974, 
tlie Manpower Development and Training Act of 1962 and parts A, B, 
and E of title I of the P^conomic Opportunity Act of 1964 are repealed. 
Unexpended appropriations for carrying out such Acts may be made 
available to carry out this Act, as directed by the President. 
Repeals. 
42 u s e 2571 
note. 
42 u s e 2711, 
2737, 2769. 
EFFECTIVE DATE 
SEC. 615. This Act shall take effect on the date of its enactment. 
Approved December 28, 1973. 
Public Law 93-204 
AN ACT 
To amend section 232 of the National Housing Act to axithorize insured loans 
to provide tire safety equipment for nursing homes and intermediate care 
facilities. 
December 28, 1973 
[S. 513] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That section 232 of 
the National Housing Act is amended by adding at the end thereof a 
new subsection as follows: 
"(i) (1) The Secretary is authorized upon such terms and conditions 
as he may prescribe to make commitments to insure and to insure loans 
made by financial institutions or other approved mortgagees to nursing 
homes and intermediate care facilities to provide for the purchase and 
installation of fire safety equipment necessary for compliance with 
the 1967 edition of the Life Safety Code of the National Fire Protec-
tion Association or other such codes or requirements approved by the 
Secretary of Health, Education, and Welfare as conditions of partici-
pation for providers of services under title XVIII and title X I X of the 
Social Security Act. 
" (2) To be eligible for insurance under this subsection a loan shall— 
"(A) not exceed the Secretary's estimate of the reasonable cost 
of the equipment fully installed; 
"(B) bear interest at not to exceed a rate determined by the 
Secretary to be necessary to meet the loan market; 
"(C) have a maturity satisfactory to the Secretary; 
"(D) be made by a financial institution or other mortgagee 
approved by the Secretary as eligible for insurance under section 
2 or a mortgagee approved under section 203 (b) (1); and 
"(E) comply with other such terms, conditions, and restrictions 
as the Secretary may prescribe. 
"(3) The provisions of paragraphs (5), (6), (7), (9), and (10) of 
section 220(h) shall be applicable to loans insured under this subsec-
tion, except that all references to 'home improvement loans' shall be 
construed to refer to loans under this subsection. 
"(4) The provisions of subsections (c), (d), and (h) of section 2 
shall apply to loans insured under this subsection, and for the purpose 
of this subsection references in such subsections to 'this section' or 'this 
title' shall be construed to refer to this subsection.". 
Approved December 28, 1973. 
Nursing homes 
and intermediate 
care facilities. 
Fire safety 
equipment, in-
sured loans. 
73 Stat. 663; 
83 Stat. 382. 
12 use 1715w. 
42 u s e 1395, 
1396. 
48 Stat. 1248. 
12 u s e 1709. 
75 Stat. 154. 
12 u s e 1715k. 
12 u s e 1703.