HUD 202 Supportive Housing
The Section 202 Supportive Housing for the Elderly program provides funding to nonprofit organizations that develop and operate housing for seniors with very low incomes. As the U.S. population ages, both the creation of new Section 202 units and the preservation of existing units will be increasingly important. There are three current issues related to the Section 202 program: a rental assistance only demonstration authorized in the FY14 omnibus bill; a lack of funding for new construction at the same time as there is a growing demand for units,; and, and the preservation of senior housing.
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