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HUD Section 202: Supportive Housing for the Elderly

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Status: Closed

Type

Operating

Source

Federal

Procurement Agency

US HUD

Summary

The HUD Section 202 program provides operating funding for senior housing across the United States.

Tenant Eligibility Criteria

Low-income, elderly individuals (62 years and over) with an income below 50% of area median income (AMI) .

Eligible Applicants

Only nonprofit organizations are eligible to apply.

Amount

Rental assistance is based on Fair Market Rents, with tenant contribution of 30% of income.

Term

The program provides three years of project rental assistance contracts (PRAC). After three years, the rental assistance is renewed noncompetitively directly from the Section 8 budget.

Network Notes

For More Information

Proposals are reviewed and rated by HUD Multifamily Hubs. There are two in New York, located in New York City and Buffalo. 

For more information on the program, visit HUD's website.

Contact

Northeast Region
Brett Wise, Region Director
(212) 542-7701


Production Division
Stacey Ashmore, Director
(212) 542-7840

Last updated: 08/29/2019

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