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Writer's pictureCaroline Winter

Dept. of Housing and Urban Development - Supportive Housing for the Elderly Program

Opportunity Title:

FY 2022 Section 202 Supportive Housing for the Elderly Program



Opportunity Number:

FR-6600-N-52



Description:

HUD is providing Capital Advance funding and project rental subsidies for the development and ongoing operation of supportive rental housing for very low-income persons, aged 62 years or older. This funding, leveraged with other financing sources, will expand affordable housing opportunities that are physically designed and that have a robust set of services that will allow seniors to live independently and age in community.



Eligibility:

Private non-profit organizations that have tax-exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986, and non-profit consumer cooperatives are the only eligible applicants under this Section 202 program.



Total Amount Available:

$174,600,000



Maximum Award:

$20,000,000



Application Deadline:

January 25, 2022





Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

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