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This document provides information about the funding availability for the Section 202 program, aimed at creating supportive housing for very low-income elderly persons, detailing eligible applicants,
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How to fill out funding availability for section
How to fill out Funding Availability for Section 202 Supportive Housing for the Elderly Program
01
Gather necessary organizational documents and information, including tax status and board member information.
02
Review the funding announcement and guidelines provided by the Department of Housing and Urban Development (HUD).
03
Prepare a detailed project description that aligns with the goals of the Section 202 program.
04
Calculate the funding amount requested and ensure it aligns with HUD's funding limits.
05
Complete the Funding Availability application form accurately, ensuring all fields are filled out as required.
06
Attach supporting documents such as financial statements, resumes of key staff, and letters of support.
07
Submit the completed application through the designated online portal or by mail, ensuring it meets submission deadlines.
08
Maintain a copy of the application and all supporting documents for your records.
Who needs Funding Availability for Section 202 Supportive Housing for the Elderly Program?
01
Non-profit organizations that provide supportive housing for elderly individuals.
02
State and local government agencies aiming to improve housing for seniors.
03
Developers focusing on creating affordable housing for elderly populations.
04
Housing authorities that manage resources for senior living arrangements.
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People Also Ask about
What is the Section 202 program in Florida?
The Section 202 Supportive Housing for the Elderly program provides subsidized rent for older tenants with limited means.
What is section 202 supportive housing for the Elderly program?
The Section 202 Supportive Housing for the Elderly program provides Capital Advance funding for the development of supportive rental housing for Very-Low-Income persons aged 62 years or older and project rental subsidies in the form of a Project Rental Assistance Contract (PRAC) to maintain ongoing affordability.
What is Section 202 housing in Florida?
HUD's Section 202 Supportive Housing for the Elderly Program provides an affordable housing option to low-income elderly renters. Residents in a Section 202 project must be able to live independently, but they are offered some assistance with tasks such as cooking, cleaning, and transportation.
Who is eligible for the supportive housing for the Elderly program?
The Section 811 Supportive Housing for Persons with Disabilities, and Section 202 Supportive Housing for the Elderly programs provide funding to develop and subsidize rental housing for low-income adults with disabilities and residents 62 years of age or older.
What is Section 202 of the Fair housing Act?
The Section 202 program provides capital advances to finance the construction, rehabilitation, or acquisition of properties to serve as supportive housing for very low-income elderly persons and provides rent subsidies for the projects to help make them affordable.
What is Section 202 of the Fair housing Act?
The Section 202 program provides capital advances to finance the construction, rehabilitation, or acquisition of properties to serve as supportive housing for very low-income elderly persons and provides rent subsidies for the projects to help make them affordable.
What is Section 202 in Florida?
The Department of Housing and Urban Development's Section 202 program, established in 1959, supports the creation and operation of supportive housing for seniors classified as “very low income” category capped at 50% of AMI, or area median income.
What is Section 202 supportive housing for?
Purpose: The Section 202 program helps expand the supply of affordable housing with supportive services for the elderly. It provides very low-income elderly with options that allow them to live independently but in an environment that provides support activities such as cleaning, cooking, transportation, etc.
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What is Funding Availability for Section 202 Supportive Housing for the Elderly Program?
Funding Availability for the Section 202 Supportive Housing for the Elderly Program refers to the financial resources allocated by the U.S. Department of Housing and Urban Development (HUD) to support the development and operation of supportive housing for elderly individuals who are low-income.
Who is required to file Funding Availability for Section 202 Supportive Housing for the Elderly Program?
Entities eligible to file for Funding Availability under the Section 202 Program typically include nonprofit organizations, public housing authorities, and other qualified housing developers who plan to create supportive housing for the elderly.
How to fill out Funding Availability for Section 202 Supportive Housing for the Elderly Program?
To fill out the Funding Availability for Section 202 Program, applicants must complete specific forms provided by HUD, including details about their organization, project plans, financial projections, and how they intend to meet the needs of the elderly beneficiaries.
What is the purpose of Funding Availability for Section 202 Supportive Housing for the Elderly Program?
The purpose of the Funding Availability for the Section 202 Program is to provide access to affordable, safe, and supportive housing for low-income elderly individuals, promoting their independence and improving their quality of life.
What information must be reported on Funding Availability for Section 202 Supportive Housing for the Elderly Program?
Information that must be reported includes the project description, target population, financial information, plans for supportive services, and evidence of the applicant's capacity to carry out the project.
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