Wednesday, July 14, 2010

HUD Helps Very Low Income Seniors With Housing

The Obama Administration and the U.S. Department of Housing and Urban Development (HUD) has announced that more than $550 million will help very low income elderly and people with disabilities find affordable housing.

The funding will provide interest-free capital advances to non-profit developers so they can produce accessible housing, offer rental assistance and provide supportive services for the elderly and persons with disabilities.

The grants are provided through HUD's Section 202 and Section 811 supporting housing programs and will fund 169 projects in 36 states.

1 comment:

Diane J Standiford said...

One of the best programs we have too!