To authorize the Secretary of Health and Human Services to make loans and loan guarantees for planning, constructing, or renovating pediatric or adult mental health treatment facilities and pediatric or adult substance use disorder treatment facilities, and for other purposes.
This bill creates a federal loan and loan guarantee program to help healthcare facilities plan, construct, or renovate mental health and substance use disorder treatment facilities. The Department of Health and Human Services would be authorized to provide loans covering up to 80 percent of project costs, with loans available to hospitals, treatment facilities, and other eligible organizations serving both children and adults. The program prioritizes projects in areas with insufficient treatment capacity, rural communities, and facilities that provide integrated care across multiple service types, with at least 25 percent of annual funding reserved for pediatric facilities. Funding is capped at $200 million per fiscal year from 2024 through 2028, and borrowers must contribute at least 25 percent of project costs from non-federal sources. Any revenues from the loan program that exceed its operating costs would be deposited into a new Mental Health and Substance Use Treatment Trust Fund to support community mental health services grants.
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