HUD originally made direct loans and subsequently made capital grants
to nonprofit sponsors for the construction or substantial rehabilitation
of rental housing for elderly people or persons with disabilities. In 1990,
this program was revised into the supportive housing for elderly people
and for persons with disabilities programs. Financial assistance is now
in the form of a capital advance for 40 years that is non-repayable and
interest-free so long as the project is available for very low -income
elderly persons and rental assistance is provided through a 20 -year renewable
contract to subsidize shortfalls in project income from dwelling unit rents.
Statute:
Section 202 of the Housing Act of 1959, 12 U.S.C.A. § 1701q and
Section 811 of the National Affordable Housing Act of 1990, 42 U.S.C.A.
§ 8013.
Regulations -- 24 C.F.R.:
§ 5.216 Disclosure of Social Security Numbers
§ 5.234 Wage and claim information
§ 5.300 Pets (subpart C)
§ 245 Rent increases
§ 247 Evictions
§ 278 Mandatory Meals (as codified in 1995)
§ 891 Basic Regulations (Subpart E)
§ 891 Coordination with Section 8 (Subpart E)
§ 891.200 Supportive Housing for the Elderly (Subpart B)
§ 891.300 Supportive Housing for Persons with Disabilities (Subpart
C)
Handbooks*:
4350.3 Occupancy Requirements for Subsidized Multifamily Housing Programs,
REV (11/2/81 through CHG-29, 4/28/98)
4571.1 Section 202 Direct Loan Program for Housing for the Elderly or
Handicapped, REV-2 (3/31/83 through CHG-3, 4/12/90)
4571.2 Supportive Housing for Persons with Disabilities, (6/3/91)
4571.3 Section 202 Supportive Housing for the Elderly, (6/27/91 with
changes through 4/9/93)
.
