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Section 202

Section 202 Application Notice for Comment

Submitted by Jonathan Zimmerman on January 23, 2013 04:30pm EST
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Summary:  The Section 202 Supportive Housing for the Elderly Act of 2010, signed into law in January 2011, authorizes HUD to provide Senior Preservation Rental Assistance Contracts (SPRACs) with 20-year terms to prevent displacement of elderly residents of certain projects assisted under HUD’s Section 202 Supportive Housing for the Elderly program in the case of refinancing or recapitalization and to further preserve and maintain affordability of Section 202 Direct Loan projects. In Fiscal Year (FY) 2012, $16 million was made available for SPRAC funding.

Streamlining Requirements Governing the Use of Funding for Supportive Housing for the Elderly and Persons With Disabilities

Submitted by Jonathan Zimmerman on April 2, 2012 08:58am EDT
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Summary:HUD’s proposed rule would amend existing regulations governing the Section 202 Supportive Housing for the Elderly Program (Section 202) and the Section 811 Supportive Housing for Persons with Disabilities Program (Section 811), by streamlining the requirements for mixed-finance Section 202 and Section 811 developments.

Notice of Web Availability and Opportunity for Public Comment on Updated Guidance

Submitted by Jeff Falcusan on December 8, 2010 11:14am EST
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Publication Date: 12/8/2010