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Assisted Living Conversion Program (ALCP)

ID: FR-5415-N-33 • Type: Posted

Description

The purpose of this program is to provide grants for the conversion of some or all of the dwelling units in an eligible project into assisted living facilities (ALFs) for frail elderly persons. Private nonprofit owners of eligible developments interested in applying for funding under this grant program should carefully review the General Section and the detailed information listed in this NOFA. In FY2010, HUD has published its new Strategic Plan 2010-2015 that defines a new set of policy and organizational priorities for the department. The plan provides the direction and focus HUD needs to achieve its mission: create strong sustainable, inclusive communities and quality, affordable homes for all. For more information about FY2010 HUD s policy priorities, please review the General Section.

Overview

Category of Funding
Community Development
Housing
Funding Instruments
Grant
Grant Category
Discretionary
Cost Sharing / Matching Requirement
False
Source
On 1/24/11 the Department of Housing and Urban Development posted grant opportunity FR-5415-N-33 for Assisted Living Conversion Program (ALCP) with funding of $30.0 million. The grant will be issued under grant program 14.314 Assisted Living Conversion for Eligible Multifamily Housing Projects.

Timing

Posted Date
Jan. 24, 2011, 12:00 a.m. EST
Closing Date
March 29, 2011, 12:00 a.m. EDT Past Due
Version
1
Archive Date
April 5, 2011

Eligibility

Eligible Applicants
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Info
Only private nonprofit owners of eligible multifamily assisted housing developments specified below (see section 683(2) (B), (C), (D), (E), (F), and (G) of the Housing and Community Development Act of 1992 (Pub. L.102-550, approved October 28, 1992) may apply for an ALCP grant. Eligible multifamily assisted housing developments must those designed for the elderly and financed through any of the following programs: (1) Section 202, (2) Project-based Section 8 (including Rural Housing Services’ Section 515), (3) Section 221(d)(3) below-market interest rate ,and (4) Section 236 NOTE: HUD retains the right to terminate the grant and recover funds made available through this NOFA if your eligibility status changes during the course of the grant term, making you ineligible to receive the grant (e.g., prepayment of mortgage, sale/TPA of property, opting out of a Section 8 Housing Assistance Payment (HAP) contract, or the transfer of the grant to a single asset entity).

Award Sizing

Ceiling
Not Listed
Floor
Not Listed
Estimated Program Funding
$30,000,000
Estimated Number of Grants
Not Listed

Contacts

Contact
Department of Housing and Urban Development
Email Description
Program Contact
Contact Phone
(202) 708-0667
Additional Information
Application Download Page using CFDA number ONLY .

Documents

Posted documents for FR-5415-N-33

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