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This document outlines the rating criteria for applications concerning the Section 202 Program, which supports housing for the elderly, detailing the evaluation metrics for sponsors proposing projects.
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How to fill out standard rating criteria for

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How to fill out Standard Rating Criteria for Section 202 Program Applications

01
Review the application guidelines for the Section 202 Program to understand the criteria.
02
Gather necessary documentation and data relevant to your application.
03
Identify the specific rating criteria that apply to your project.
04
Prepare a clear and concise narrative for each criterion, addressing how your project meets the requirements.
05
Use quantifiable data wherever possible to support your claims.
06
Ensure that all required formats and supporting documents are included in your submission.
07
Double-check for clarity, coherence, and compliance with the guidelines before submitting.

Who needs Standard Rating Criteria for Section 202 Program Applications?

01
Organizations and entities applying for funding under the Section 202 Program.
02
Non-profit developers seeking to create supportive housing for elderly individuals.
03
Housing authorities and other stakeholders involved in elder housing initiatives.
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The Section 202 program was established under the “Housing Act of 1959.” Enacted to allow seniors to age in their community by providing assistance with housing and supportive services, the program has gone through various programmatic iterations during its lifetime.
The Section 202 Supportive Housing for the Elderly program provides subsidized rent for older tenants with limited means.
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.
The Section 202 program funds development of affordable housing for elderly households. The Section 811 program provides non-profits with funding to provide supportive housing for disabled, very- and extremely-low-income persons. Some Section 202 and Section 811 properties are unassisted.
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.
The Section 202 program funds development of affordable housing for elderly households. The Section 811 program provides non-profits with funding to provide supportive housing for disabled, very- and extremely-low-income persons. Some Section 202 and Section 811 properties are unassisted.
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.

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The Standard Rating Criteria for Section 202 Program Applications provides guidelines and benchmarks to evaluate applications for the Section 202 Supportive Housing for the Elderly Program, ensuring that projects effectively meet the needs of low-income elderly individuals.
Entities such as non-profit organizations, state and local government agencies, and private developers seeking funding to construct or rehabilitate supportive housing for the elderly must file the Standard Rating Criteria.
To fill out the Standard Rating Criteria, applicants need to gather necessary organizational and project information, follow the specific instructions provided in the application guide, and submit the criteria in the required format by the specified deadline.
The purpose of the Standard Rating Criteria is to ensure a fair and standardized assessment of project proposals, promoting transparency and consistency in the funding process for supportive housing for the elderly.
Applicants must report demographic information about the target population, project details such as location and design, financial assessments including budgets and funding sources, and organizational capacity to manage the project.
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