The latest information on funding availability for HUD-subsidized Section 202 housing. This section also provides updates and information on regulatory guidance and legislative advocacy around housing finance, refinancing and preservation.
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New research shows that the U.S. senior rental housing crisis will worsen -- even under the best case scenario. Released by Enterprise Community Partners, Inc. and Harvard University’s Joint Center for Housing Studies (JCHS), the study -- Projecting Trends in Severely Cost-Burdened Renters: 2015-2025 -- reports that the number of households spending half their income on rent could rise at least 11 percent, from 11.8 million to 13.1 million by 2025.
The U.S. Department of Housing and Urban Development (HUD) Office of Multifamily Housing Programs has announced a series of local preservation clinics for Section 236 (both FHA-insured and HFA-issued) and Section 202 Direct Loan property owners and their partners, with dates being scheduled for cities across the country.
A special "listening session" for members to have a conversation with the LeadingAge Cabinet on the Future of Affordable Senior Housing will take place at the LeadingAge Annual Meeting in Boston this fall during the housing policy forum.
The U.S. Department of Housing and Urban Development (HUD) posted How to Preserve and Recapitalize a Section 236 Property a recent a webinar offering training and information on such preservation financial considerations as mortgage prepayment and IRP decoupling, rental considerations, applying for tenant protection vouchers, and taking a project with RAP or Rent Supplement subsidy through a RAD conversion.
The Rural Housing Service (RHS) is soliciting applications under its Housing Preservation Grant (HPG) program to assist eligible rental property owners and cooperative housing complexes in repairing and rehabilitating their units if they agree to make such units available to low- and very low-income persons.