Hud Section 202 Handbook
For section 202 projects handbook 4571 1 rev 2 appendices 28 and 29 prescribe the requirements.
Hud section 202 handbook. Department of housing and urban development hud section 202 supportive housing for the elderly handbook 4571 3. The office of policy development and research pd r at the department of housing and urban development hud has. The section 202 capital advance program funds the construction substantial rehabilitation or acquisition of housing for very low income elderly persons.
Ongoing operation of the housing is assisted by a project rental assistance contract pursuant to the housing act of 1959 as amended by section 801 of the national affordable housing act. Are there differences in the eligibility requirements across. The federal housing administration s fha single family housing policy handbook 4000 1 sf handbook is a consolidated consistent and comprehensive source of fha single family housing policy.
Hud notices h96 102 rev 00 23 h2009 10 and h2011 18. 202 pac section 202 prac and section 811 prac. More information about the section 202 program can be found in hud handbooks 4571 3 supportive housing for the elderly and 4571 5 supportive housing for the elderly conditional commitment.
It provided direct loans and capital advances from the federal government to support nonprofit entities to build housing for very low income elderly. Access to program guidance is available via internet at hudclips. Section 202 supportive housing for the elderly program the section 202 program helped expand the supply of affordable housing with supportive services for the elderly.
Hud multifamily occupancy handbook october 2003 summary for tenants 4. Hundreds of fha handbooks mortgagee letters housing notices and other policy documents have been consolidated into this single source this eliminates the need for mortgagees and other. This chapter provides guidance for all hud insured coinsured and hud held including section 202 projects on insurance both required and optional and provides procedures for hud monitoring of mortgagor compliance.
The section 202 program provides capital advances and operating subsidies to facilitate the creation of multifamily housing for very low income elderly persons more for more information contact your local hud multifamily office. The section 202 supportive housing for the elderly program provides capital advances and project rental assistance under section 202 of the housing act of 1959 as amended for housing projects serving elderly households.