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FY 2022 Section 202 Supportive Housing for the Elderly Program

ID: FR-6600-N-52 • Type: Posted

Description

HUD is providing Capital Advance funding and project rental subsidies for the development and ongoing operation of supportive rental housing for very low-income persons, aged 62 years or older. This funding, leveraged with other financing sources, will expand affordable housing opportunities that are physically designed and that have a robust set of services that will allow seniors to live independently and age in community.
Background
The U.S. Department of Housing and Urban Development (HUD) is providing Capital Advance funding and project rental subsidies for the development and ongoing operation of supportive rental housing for very low-income persons, aged 62 years or older. This funding, leveraged with other financing sources, will expand affordable housing opportunities that are physically designed and have a robust set of services that will allow seniors to live independently and age in community.

Grant Details
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.

Eligibility Requirements
Eligible applicants include private non-profit organizations that have tax-exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986, and non-profit consumer cooperatives. Non-profit entities associated with public bodies or tribes are also eligible applicants.

Period of Performance
The estimated project start date is 12/01/2023, and the estimated project end date is 03/31/2027. The project period consists of the time from award through construction completion, with an additional 12-months of operations under a PRAC.

Grant Value
$184,600,000 is available through this NOFO. Up to $15 million is available to support the development of intergenerational dwelling units for elderly grandparents or relatives as defined in the LEGACY Act of 2003.
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Overview

Agency
Department of Housing and Urban Development (HUD)
Category of Funding
Housing
Funding Instruments
Grant
Grant Program (CFDA)
14.157 - Supportive Housing for the Elderly
Grant Category
Discretionary
Cost Sharing / Matching Requirement
True
Source
Grants.gov
On 9/21/22 the Department of Housing and Urban Development posted grant opportunity FR-6600-N-52 for FY 2022 Section 202 Supportive Housing for the Elderly Program with funding of $174.6 million. The grant will be issued under grant program 14.157 Supportive Housing for the Elderly. It is expected that 35 total grants will be made worth between $1 and $20.0 million.

Timing

Posted Date
Sept. 21, 2022, 12:00 a.m. EDT
Closing Date
Jan. 25, 2023, 12:00 a.m. EST Past Due
Closing Date Explanation
The application deadline is 11:59:59 PM Eastern Standard time on
Last Updated
Oct. 3, 2022, 11:01 a.m. EDT
Version
2

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
Additional Info
Private non-profit organizations that have tax-exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986, and non-profit consumer cooperatives are the only eligible applicants under this Section 202 program. The Owner corporation, when later formed by the Sponsor, must be: A single-purpose and single-asset private non-profit organization that has tax-exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986; A non-profit consumer cooperative; or For purposes of developing a mixed-finance project pursuant to the statutory provision under Title VIII of the American Homeownership and Economic Opportunity Act of 2000, as amended, a for-profit limited partnership of which all general partner interests are held by a) one or more private non-profit organization(s) that have tax exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986, b) a corporation wholly owned and controlled by one or more private non-profit organization(s) that have tax exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986, or c) a limited liability company wholly owned and controlled by one or more private non-profit organization(s) that have tax exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986. Non-profit entities associated with public bodies or tribes are eligible applicants. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.

Award Sizing

Ceiling
$20,000,000
Floor
$1
Estimated Program Funding
$174,600,000
Estimated Number of Grants
35

Contacts

Contact
Department of Housing and Urban Development
Contact Email
202capitaladvancenofo@hud.gov
Contact Phone
(202) 708-0667
Additional Information Site
https://www.hud.gov/program_offices/spm/gmomgmt/grantsinfo/fundingopps

Documents

Posted documents for FR-6600-N-52

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