Opportunity Information: Apply for FR 5200 N 26
Apply for FR 5200 N 26
- The Department of Housing and Urban Development in the housing sector is offering a public funding opportunity titled "Section 202 Supportive Housing for the Elderly Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 14.157 Supportive Housing for the Elderly.
- This funding opportunity was created on May 4, 2008 and posted on May 4, 2008.
- Applicants must submit their applications by Jul 10, 2008. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $431,706,000.00 in funding.
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- Private nonprofit organizations and nonprofit consumer cooperatives that meet the threshold requirements contained in the General Section and Section III.C. 2. of this NOFA are the only eligible applicants under this Section 202 program. Neither a public body nor an instrumentality of a public body is eligible to participate in the program. Applicant eligibility for purposes of applying for a Section 202 fund reservation under this NOFA has not changed i.e., all Section 202 Sponsors and Co Sponsors must be private nonprofit organizations and nonprofit consumer cooperatives. However, the Owner corporation, when later formed by the Sponsor, may be (1) a single purpose private nonprofit organization that has tax exempt status under Section 501(c)(3) or Section 501(c)(4) of the Internal Revenue Code of 1986, (2) nonprofit consumer cooperative, or (3) 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, a for profit limited partnership with a private nonprofit organization as the sole general partner.
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Opportunity Summary:
The Section 202 Supportive Housing for the Elderly Program is a U.S. Department of Housing and Urban Development (HUD) grant opportunity designed to expand and preserve affordable, service-enriched housing for very low income older adults. It operates under 24 CFR part 891 and uses two main funding tools that work together: a capital advance to create or rehabilitate the housing, and Project Rental Assistance Contracts (PRAC) to keep rents affordable and support ongoing operations. The basic goal is long-term housing stability for elderly residents with very limited incomes, while also allowing projects to offer appropriate supportive services, especially for residents who are considered frail.
The capital advance portion functions like upfront development financing that does not accrue interest. These funds can be used for new construction, rehabilitation of an existing structure, or acquisition of a structure with or without rehabilitation. The amount awarded is tied to HUD development cost limits referenced in the notice (Section IV.E.3). A key feature is that repayment of the capital advance is not required as long as the property continues to be made available for occupancy by very low income elderly persons for at least 40 years. In practical terms, this creates a strong incentive for long-term affordability because the non-repayment benefit is conditioned on maintaining eligible use over a multi-decade period.
The PRAC component is the operating subsidy that helps the project remain financially viable while charging rents that elderly residents can realistically afford. Under PRAC, tenants generally contribute 30 percent of their adjusted income toward rent, and PRAC funds cover the gap between that tenant contribution and the HUD-approved cost of operating the property. This mechanism is what keeps rents affordable year after year, rather than only making the initial construction feasible. PRAC funds can also be used for supportive services and to hire a service coordinator in projects that serve frail elderly residents, with the expectation that services provided are appropriate for the particular frailty categories and needs of the residents being served.
Eligibility is limited and specifically targeted to nonprofit entities. Only private nonprofit organizations and nonprofit consumer cooperatives that meet the threshold requirements in the applicable NOFA sections are eligible to apply for Section 202 funding under this opportunity. Public bodies and instrumentalities of public bodies are explicitly not eligible. The notice clarifies that, while the applicant sponsors and co-sponsors must be private nonprofits or nonprofit consumer cooperatives, the ownership entity that is formed later to own and operate the project can take certain allowable forms. These include a single-purpose private nonprofit with tax-exempt status under IRS 501(c)(3) or 501(c)(4), a nonprofit consumer cooperative, or, for mixed-finance development authorized by Title VIII of the American Homeownership and Economic Opportunity Act of 2000, a for-profit limited partnership where a private nonprofit organization serves as the sole general partner. This structure gives sponsors flexibility in assembling financing while preserving nonprofit control in mixed-finance scenarios.
Administratively, this was posted as a discretionary grant opportunity by HUD under Funding Opportunity Number FR 5200 N 26, Catalog of Federal Domestic Assistance (CFDA) number 14.157 (Supportive Housing for the Elderly). The opportunity did not require cost sharing or matching funds. The posted date and creation date were May 4, 2008, with a closing date of July 10, 2008, and an archive date of July 11, 2008. The listed award ceiling for the funding round was $431,706,000, reflecting a large national funding allocation intended to support multiple projects rather than a single award.
Overall, the program combines long-term affordability requirements with upfront capital and ongoing rental assistance to ensure that very low income elderly households can access safe housing for decades. It also recognizes that housing stability for older adults often depends on services as well as rent levels, so it allows PRAC to support service coordination and appropriate supportive services for frail elderly residents, helping projects connect residents to the care and assistance they may need to remain housed and independent. For access issues with the full announcement, the program contact listed was Alicia Anderson at (202) 708-3000.
Section 202 Supportive Housing for the Elderly Program (HUD) - FAQs
1) What is the Section 202 Supportive Housing for the Elderly Program?
The Section 202 Supportive Housing for the Elderly Program is a U.S. Department of Housing and Urban Development (HUD) grant opportunity intended to expand and preserve affordable, service-enriched housing for very low income older adults. The program is designed to support long-term housing stability, including the ability for projects to offer supportive services, especially for residents who are considered frail.
2) What law/regulation governs this program?
The opportunity operates under 24 CFR part 891, as described in the opportunity information provided.
3) What are the main types of funding provided under this opportunity?
The program uses two main tools that work together:
- Capital advance to create, acquire, or rehabilitate housing (development financing that does not accrue interest).
- Project Rental Assistance Contracts (PRAC) to keep rents affordable and support ongoing operations over time.
4) What is a capital advance in this program?
A capital advance functions like upfront development financing and does not accrue interest. According to the information provided, capital advance funds may be used for:
- New construction
- Rehabilitation of an existing structure
- Acquisition of a structure, with or without rehabilitation
5) Does the capital advance have to be repaid?
Repayment of the capital advance is not required as long as the property continues to be made available for occupancy by very low income elderly persons for at least 40 years. The non-repayment benefit is conditioned on maintaining this eligible use for the full period.
6) How is the capital advance award amount determined?
The amount awarded is tied to HUD development cost limits referenced in the notice (Section IV.E.3), based on the information provided.
7) What is PRAC and what does it pay for?
Project Rental Assistance Contracts (PRAC) are the operating subsidy that helps a project remain financially viable while charging rents that elderly residents can realistically afford. PRAC funds generally cover the gap between what tenants pay and the HUD-approved cost of operating the property.
8) How much do tenants typically pay under PRAC?
Under PRAC, tenants generally contribute 30 percent of their adjusted income toward rent. PRAC then covers the difference between the tenant contribution and the HUD-approved operating cost.
9) Can PRAC be used to support services for residents?
Yes. Based on the information provided, PRAC funds can be used for supportive services and to hire a service coordinator in projects that serve frail elderly residents. The expectation is that services are appropriate to the frailty categories and the needs of the residents being served.
10) Who is eligible to apply for this Section 202 funding opportunity?
Eligibility is limited to nonprofit entities. Only private nonprofit organizations and nonprofit consumer cooperatives that meet the threshold requirements in the applicable NOFA sections are eligible to apply, according to the opportunity information.
11) Are public bodies eligible to apply?
No. Public bodies and instrumentalities of public bodies are explicitly not eligible under the opportunity information provided.
12) Can the eventual project owner be different from the applicant sponsor?
Yes. The notice clarifies that while applicant sponsors and co-sponsors must be private nonprofits or nonprofit consumer cooperatives, the ownership entity formed later to own and operate the project can take certain allowable forms, as described in the opportunity details.
13) What ownership structures are allowed for the entity that will own and operate the project?
Based on the information provided, allowable forms include:
- A single-purpose private nonprofit with tax-exempt status under IRS 501(c)(3) or 501(c)(4)
- A nonprofit consumer cooperative
- For mixed-finance development authorized by Title VIII of the American Homeownership and Economic Opportunity Act of 2000, a for-profit limited partnership where a private nonprofit organization serves as the sole general partner
14) What is the purpose of allowing a mixed-finance for-profit limited partnership structure?
The structure is described as a way to provide flexibility in assembling financing while preserving nonprofit control in mixed-finance scenarios, because the private nonprofit organization serves as the sole general partner.
15) Is cost sharing or matching required for this opportunity?
No. The opportunity information states that cost sharing or matching funds were not required.
16) What is the Funding Opportunity Number and CFDA number listed for this opportunity?
The information provided lists:
- Funding Opportunity Number: FR 5200 N 26
- CFDA: 14.157 (Supportive Housing for the Elderly)
17) When was this grant opportunity posted and when did it close?
According to the information provided, the posted date and creation date were May 4, 2008. The closing date was July 10, 2008. The archive date was July 11, 2008.
18) What was the total award ceiling for this funding round?
The listed award ceiling was $431,706,000, reflecting a large national funding allocation intended to support multiple projects rather than a single award.
19) What is the long-term affordability commitment associated with this program?
The program ties the non-repayment of the capital advance to a long-term use restriction: the property must be made available for occupancy by very low income elderly persons for at least 40 years. This creates a strong incentive for long-term affordability over multiple decades.
20) Who should be contacted for access issues with the full announcement?
For access issues with the full announcement, the program contact listed was Alicia Anderson at (202) 708-3000.
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Applicants also applied for:
Applicants who have applied for this opportunity (FR 5200 N 26) also looked into and applied for these:
| Funding Opportunity |
|---|
| Section 811 Supportive Housing for Persons with Disabilities Apply for FR 5200 N 25 Funding Number: FR 5200 N 25 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $99,345,000 |
| Housing Choice Voucher Family Self Sufficiency Apply for FR 5200 N 03 Funding Number: FR 5200 N 03 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $49,000,000 |
| Public Housing Family Self Sufficiency Apply for FR 5200 N 09 Funding Number: FR 5200 N 09 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $12,000,000 |
| Resident Opportunity and Self Sufficiency Service Coordinators Program Apply for FR 5200 N 14 Funding Number: FR 5200 N 14 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $28,000,000 |
| Community Development Block Grant Program for Indian Tribes and Alaska Native Villages Apply for FR 5200 N 12 Funding Number: FR 5200 N 12 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $62,000,000 |
| Fair Housing Initiative Program PEI Apply for FR 5200 N 11A Funding Number: FR 5200 N 11A Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $19,000,000 |
| Fair Housing Iniative Program EOI Apply for FR 5200 N 11B Funding Number: FR 5200 N 11B Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $2,800,000 |
| Fair Housing Initiative Program FHOI Apply for FR 5200 N 11C Funding Number: FR 5200 N 11C Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $1,000,000 |
| Housing Counseling Program Apply for FR 5200 N 18A Funding Number: FR 5200 N 18A Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $15,840,000 |
| Housing Counseling Program Apply for FR 5200 N 18B Funding Number: FR 5200 N 18B Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $26,000,000 |
| Housing Counseling Program Apply for FR 5200 N 18C Funding Number: FR 5200 N 18C Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $2,580,000 |
| Housing Counseling Program Apply for FR 5200 N 18D Funding Number: FR 5200 N 18D Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $2,580,000 |
| Housing Counseling Training Program Apply for FR 5200 N 02 Funding Number: FR 5200 N 02 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $3,000,000 |
| Tribal Colleges and Universities Program Apply for FR 5200 N 16 Funding Number: FR 5200 N 16 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $5,000,000 |
| Healthy Homes Demonstration Program Apply for FR 5200 N 17 Funding Number: FR 5200 N 17 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $4,375,000 |
| Lead Outreach Grant Program Apply for FR 5200 N 15 Funding Number: FR 5200 N 15 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $1,500,000 |
| LEAD BASED PAINT HAZARD CONTROL GRANT PROGRAM,LEAD HAZARD REDUCTION DEMONSTRATION GRANT PROGRAM, OPERATION LEAD ELIMINATION ACTION PROGRAM Apply for FR 5200 N 06 Funding Number: FR 5200 N 06 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: Case Dependent |
| HOPE VI Main Strett Grants Apply for FR 5212 N 01 Funding Number: FR 5212 N 01 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $1,000,000 |
| Notice of Funding Availability for Continuum of Care (CoC) Homeless Assistance Programs Apply for FR 5220 N 01 Funding Number: FR 5220 N 01 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $6,000,000 |
| Notice of HUDs Policy on Quality Assurance Review (QAR) of Electronic Application Submission Difficulties Apply for FR 5237 N 01 Funding Number: FR 5237 N 01 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: Case Dependent |
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