14.138: Mortgage Insurance Rental Housing for the Elderly
Alternate Name: New Construction and Substantail Rehabilitation for Rental Housing for the Elderly - Section 231
Overview
Program Number
14.138
Status
Active
Last Modified
Aug. 11, 2022
Date Posted
Aug. 11, 2022
Objective
To provide quality rental housing for the elderly.
Type of Assistance
F - Guaranteed/Insured Loans
Applicant Eligibility
Eligible mortgagors include private profit-motivated developers, and nonprofit sponsors.
Beneficiary Eligibility
All elderly or handicapped persons are eligible to occupy apartments in a project whose mortgage is insured under the program.
Related Programs
Additional Information
Grant Awards
Mortgage Insurance Rental Housing for the Elderly direct grants
Grant Opportunities