WASHINGTON – Today, as a part of the Biden-Harris Administration’s “Investing in America” tour, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman announced $115 million in grant funding available to support the development and improvement of affordable rental housing for low-income seniors. The funding opportunity was announced at The Fairthorne, an affordable senior apartment building in the City of Philadelphia, alongside local and federal officials, including U.S. Rep. Dwight Evans (PA-03).
“The Biden-Harris Administration is committed to ensuring that our nation’s most vulnerable seniors have access to quality affordable housing,” said HUD Deputy Secretary Adrianne Todman. “Creating these homes will enable older adults to live independently. It is important that we provide opportunities for seniors of modest means to age with grace and dignity in a supportive environment.”
Offered under HUD’s Section 202 Supportive Housing for the Elderly program, the funds will help non-profit organizations create new, or rehabilitate existing homes that are resilient and energy efficient for low-income individuals 62 years of age or older. Funding is provided to support capital costs and ongoing project rental assistance. To extend additional support, $35 million of these funds will be allocated to create intergenerational housing units with features to meet the needs of households headed by seniors who are raising children under 18 years of age.
VIEW GRANT OPPORTUNITY
FR-6700-N-52
FY 2023 Section 202 Supportive Housing for the Elderly ProgramDepartment of Housing and Urban Development
Department of Housing and Urban Development
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-6700-N-52 |
| Funding Opportunity Title: | FY 2023 Section 202 Supportive Housing for the Elderly Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Housing |
| Category Explanation: | |
| Expected Number of Awards: | 20 |
| CFDA Number(s): | 14.157 -- Supportive Housing for the Elderly |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 1 |
| Posted Date: | Feb 21, 2024 |
| Last Updated Date: | Feb 21, 2024 |
| Original Closing Date for Applications: | Jun 20, 2024 The application deadline is 11:59:59 PM Eastern time on |
| Current Closing Date for Applications: | Jun 20, 2024 The application deadline is 11:59:59 PM Eastern time on |
| Archive Date: | |
| Estimated Total Program Funding: | $ 115,000,000 |
| Award Ceiling: | $20,000,000 |
| Award Floor: | $1 |
Eligibility
| Eligible Applicants: | Others (see text field entitled "Additional Information on Eligibility" for clarification) Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education |
| Additional Information on Eligibility: | A. Eligible Applicants-Non-profit Status.Under Tab A, you must document your status as a private nonprofit organization (see 24 CFR 891.205) or as a mixed-finance limited partnership with one or more private non-profit organizations serving as the general partner (see 24 CFR 891.805). Applicants and any other organization(s) that is co-sponsoring the application must submit the following:Articles of Incorporation, Constitution, Resolutions or other organizational documents;By-laws;A graphic organizational chart indicating the relationship among parties and a list of the applicants’ officers; andCurrent valid IRS tax exemption determination letter (including churches).HUD will review the applicant's 501(c)(3) or 501(c)(4) determination letter from the IRS, Articles of Incorporation, Constitution, By-Laws, organizational chart, or other organizational documents to determine, among other things, that:The applicant is an eligible private nonprofit entity and not a public body;The applicant's corporate purposes are sufficiently broad to provide the legal authority to sponsor the proposed project and to apply for Capital Advance funds and PRAC funds,Language is included in the documents stating that no part of the net earnings inures to the benefit of any private party, andThe applicant is not controlled by, or under the direction of, persons seeking to derive profit or gain therefrom. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement. |
Additional Information
| Agency Name: | Department of Housing and Urban Development |
| Description: | 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. This program provides elderly persons with the opportunity to live independently, but with important voluntary support services such as nutritional, transportation, continuing education, and/or health-related services. In addition, this year’s NOFO includes funding to support the development of intergenerational housing for elderly caregivers raising children. Intergenerational dwelling units are also referred to as 'intergenerational housing' in this NOFO.Capital Advance funds must be used to finance construction, reconstruction, moderate or substantial rehabilitation, or acquisition of a structure with or without rehabilitation. Capital Advance funds bear no interest and repayment is not required provided the housing remains available for occupancy by Very-Low-Income Elderly Persons for at least 40 years.Project Rental Assistance Contracts (PRAC) are used to cover the difference between the tenants' contributions toward rent and the HUD approved cost to operate the project, including the cost of employing a service coordinator and HUD approved service expenses (see 24 CFR 891.205).HUD encourages applicants to use Capital Advance funds in combination with other non-Section 202 funding, but they may only be used in connection with units that will be assisted under the PRAC. PRAC units may be developed or placed within a property that also includes non-PRAC residential units (whether restricted as affordable or rented at market rates) and non-residential units (such as first floor commercial space).HUD seeks to fund Section 202 properties that advance housing for the elderly as a platform for living independently and aging in community even as residents may require more assistance with activities of daily living over time. Through this NOFO, HUD seeks sponsors that:Will produce housing that is physically designed to promote the long-term wellness of Elderly Persons and allow them to age in place;Can provide a robust package of services that support the health and social well-being of Elderly Persons; andLeverage Capital Advance funds with other financing sources to maximize the number of units created per dollar of HUD funding.Per 24 CFR 891.809, Capital Advance Funds can NOT be used: For acquisition of facilities currently owned and operated by the Sponsor as housing for the elderly, except with rehabilitation as defined in 24 CFR 891.105;For the financing or refinancing of currently Federally assisted or Federally-insured units (this includes projects currently encumbered by FHA-insured debt and Flexible Subsidy Loans, as well as existing 202 Capital Advance and Direct Loan projects);For units in Section 202 direct loan projects previously refinanced under the provisions of Section 811 of the American Homeownership and Economic Opportunity Act of 2000, 12 U.S.C. 1701q note; andTo construct or operate nursing homes, infirmaries, assisted living facilities, medical facilities, mobile homes, community centers, headquarters for organizations for the elderly, or residential units without individual kitchens and/or bathrooms (also known as "single room occupancy units" or SROs) that are not shared. |
| Link to Additional Information: | https://www.hud.gov/program_offices/cfo/gmomgmt/grantsinfo/fundingopps |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact: 202 Capital Advance NOFO Team 202CapitalAdvanceNOFO@hud.gov |
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