HUD Offers Grants for Emergency Repairs to Elderly Housing

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Tax Credit Advisor, January 2009: HUD is soliciting applications for roughly $9.5 million in grant funds, to be used to make emergency capital repairs to nonprofit-owned multifamily projects designated for occupancy by elderly tenants. Eligible projects are those assisted under HUD’s Section 8, 202, 221(d)(3), and 236 programs, and Rural Development Section 515 projects receiving Section 8 assistance.

(http://edocket.access.gpo.gov/2008/E8-27663.htm)