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Low Income Housing for Seniors & HUD Housing for Seniors - Section 202 Housing

Автор: Section 8 Consulting

Загружено: 2022-03-09

Просмотров: 17251

Описание:

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What is Section 202 housing for the elderly?
The Section 202 program helps expand the supply of affordable housing with supportive services for the elderly. It provides very low-income elderly with options that allow them to live independently but in an environment that provides support activities such as cleaning, cooking, transportation, etc.

What is a Section 8 property?
The Section 8 procedure under the Housing Act 1988 is used where the landlord wishes to regain possession of the property during the term of an Assured Shorthold Tenancy (AST).

How do I apply for 202?
How to Apply for Section 202
Step 1: Check Eligibility. ...
Step 2: Find an Available Section 202 House. ...
Step 3: Complete the Application. ...
Step 3: Wait for Your Application to be Processed. ...
Step 4: Attend the Final Interview.

The federal government offers a number of programs designed to help financially stressed seniors (or families) by providing them with low cost housing or by providing partial rent payments directly to landlords. Among these programs, those most relevant to the elderly are Public Housing, the Housing Choice Voucher Program (formerly Section 8 rental certificates), and Section 202 Housing. It is worth noting that all of these programs are often referred to erroneously as assisted living voucher programs, and are funded by the U.S. Department of Housing and Urban Development.

Public Housing – of the three, this option is the least relevant to elderly or frail individuals who require both housing and assistance. No care assistance is available, nor are the residences designed with the intent of accommodating frail, elderly persons. This may be an option for those seniors who can live independently, and if availability allows, for choice of housing units. However, given the low relevance of this option, it will not be discussed in further detail on this page. One can read more on HUD’s webpage.

Housing Choice Voucher Program – currently abbreviated as HCVP, and formerly referred to as Section 8, this option provides vouchers that can be used at a multitude of public housing properties. It is more appropriate for elderly individuals because the participant has greater flexibility to choose a unit that works for their abilities. Additionally, this program is the largest of the three and therefore has a greater likelihood of having open spots for new participants.

Section 202 Supportive Housing for the Elderly – as implied by its name, Section 202 is the most appropriate option for the elderly as the units are designed to accommodate elderly individuals’ physical challenges. Care and supportive services, such as meals, housecleaning, and transportation are available at these residences.

SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM
Summary:
HUD provides capital advances to finance the construction, rehabilitation or acquisition with or without rehabilitation of structures that will serve as supportive housing for very low-income elderly persons, including the frail elderly, and provides rent subsidies for the projects to help make them affordable.

Purpose:
The Section 202 program helps expand the supply of affordable housing with supportive services for the elderly. It provides very low-income elderly with options that allow them to live independently but in an environment that provides support activities such as cleaning, cooking, transportation, etc. The program is similar to Supportive Housing for Persons with Disabilities (Section 811).

Type of Assistance:
HUD provides interest-free capital advances to private, nonprofit sponsors to finance the development of supportive housing for the elderly. The capital advance does not have to be repaid as long as the project serves very low-income elderly persons for 40 years.

Project rental assistance funds are provided to cover the difference between the HUD-approved operating cost for the project and the tenants' contribution towards rent. Project rental assistance contracts are approved initially for 3 years and are renewable based on the availability of funds.

Low Income Housing for Seniors & HUD Housing for Seniors - Section 202 Housing

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