Section 202 Supportive Housing for the Elderly

The summary for the Section 202 Supportive Housing for the Elderly grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Department of Housing and Urban Development, which is the U.S. government agency offering this grant.

Section 202 Supportive Housing for the Elderly: HUD provides capital advances and contracts for project rental assistance in accordance with 24 CFR part 891. Capital advances must be used for the construction or rehabilitation of a structure, or acquisition of a structure with or without rehabilitation. (See Section IV.E.3, below, for additional information on calculating the capital advance amount.) Capital advance funds bear no interest and are based on development cost limits in Section IV.E.3. Repayment of the capital advance is not required as long as the housing remains available for occupancy by very low-income elderly persons for at least 40 years. PRAC funds are used to cover the difference between the tenants' contributions toward rent (30 percent of adjusted income) and the HUD-approved cost to operate the project. PRAC funds may also be used to provide supportive services and to hire a service coordinator in those projects serving frail elderly residents. The supportive services must be appropriate to the category or categories of frail elderly residents to be served.

Federal Grant Title:	Section 202 Supportive Housing for the Elderly
Federal Agency Name:	Department of Housing and Urban Development
Grant Categories:	Community Development Housing
Type of Opportunity:	Discretionary
Funding Opportunity Number:	FR-5415-N-38
Type of Funding:	Grant
CFDA Numbers:	14.157
CFDA Descriptions:	Supportive Housing for the Elderly
Current Application Deadline:	Jun 21, 2011
Original Application Deadline:	Jun 23, 2011
Posted Date:	Mar 04, 2011
Creation Date:	May 26, 2011
Archive Date:	Jul 30, 2011
Total Program Funding:	$371,000,000
Maximum Federal Grant Award:
Minimum Federal Grant Award:
Expected Number of Awards:
Cost Sharing or Matching:	No

Applicants Eligible for this Grant: Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility: Private nonprofit organizations and nonprofit consumer cooperatives that meet the threshold requirements contained in the General Section and Section III.C. 2, are the only eligible applicants under this Section 202 program. Neither a public body or tribe nor an instrumentality or agency of a public body or tribe is eligible to participate in the program. Nonprofit entities associated with public bodies or tribes must establish their eligibility by providing an attorneys opinion stating that under state or tribal law the associated entity is not an instrumentality or agency of the public body or tribe and confirming that such entity: Meets the definition of private nonprofit organization or nonprofit organization under part 891; Has Articles of Incorporation which provide no more than minority control by the public body or tribe; and Is not receiving a majority of its operational funding from the public body or tribe. Applicant eligibility for purposes of applying for a Section 202 fund reservation under this NOFA has not changed; i.e., all Section 202 Sponsors and Co-Sponsors must be private nonprofit organizations and nonprofit consumer cooperatives. However, the Owner corporation, when later formed by the Sponsor, must be (1) a single-purpose and single-asset private nonprofit organization that has tax-exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986, (2) nonprofit consumer cooperative, or (3) for purposes of developing a mixed-finance project pursuant to the statutory provision under Title VIII of the American Homeownership and Economic Opportunity Act of 2000, a for-profit limited partnership with a private nonprofit organization or a corporation wholly owned and controlled by a private nonprofit organization as the sole general partner.
Link to Full Grant Announcement: Information not provided
Grant Announcement Contact: Alicia Anderson at HUD Headquarters at 202-708-3000 (this is not a toll-free number).

Program Contact [[email protected]]
Similar Government Grants: • FY 2023 Section 202 Supportive Housing for the Elderly Program; • FY 2022 Section 202 Supportive Housing for the Elderly Program; • FY 2020 Section 202 Supportive Housing for the Elderly Program; • FY 2018 Section 202 Supportive Housing for the Elderly Program; • Section 202 Demonstration Pre-Development Grant Program; • Section 202 Supportive Housing for the Elderly Reopen
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