HUD Announces Availability of $420.9 Million in Funding for Section 202 Supportive Housing for the Elderly

Summary

The Department of Housing and Urban Development (HUD) has made $420.9 million in capital advance funds and project rental assistance contract (PRAC) funds available for the development and operation of supportive housing for low-income seniors through its Fiscal Year 2009 Section 202 Supportive Housing for the Elderly program, as outlined in the Department of Housing and Urban Development Appropriations Act, 2009.