Securing Facilities for Mental Health Services Act

This bill amends the National Housing Act to expand mortgage insurance eligibility to include mental health hospitals, allowing them to access the same federal loan programs as general hospitals. It directly affects mental health facilities seeking financing for construction or renovation by adding them to the existing hospital mortgage insurance program. The key change modifies Section 242(b)(1) to include mental health hospitals under the insurance rules, with the amendment taking effect 9 months after enactment. A report on the program's effectiveness must be submitted to Congress within two years of enactment. The bill does not create new funding but adjusts existing program rules to improve access to capital for mental health infrastructure.