Section 202 Supportive Housing for the Elderly | Apply Online

Opportunity Information: Apply for FR 5415 N 38

• The Department of Housing and Urban Development in the community development housing sector is offering a public funding opportunity titled "Section 202 Supportive Housing for the Elderly" 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 26, 2011 and posted on Mar 4, 2011.
• Applicants must submit their applications by Jun 21, 2011. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2024.)
• The funding agency has allocated a total of $371,000,000.00 to eligible and selected applicants.
• 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, are the only eligible applicants under this Section 202 program. Neither a public body or tribe nor an instrumentality or agency of a public body or tribe is eligible to participate in the program. Nonprofit entities associated with public bodies or tribes must establish their eligibility by providing an attorneys opinion stating that under state or tribal law the associated entity is not an instrumentality or agency of the public body or tribe and confirming that such entity Meets the definition of private nonprofit organization or nonprofit organization under part 891 Has Articles of Incorporation which provide no more than minority control by the public body or tribe and Is not receiving a majority of its operational funding from the public body or tribe. 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, must be (1) a single purpose and single asset 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 or a corporation wholly owned and controlled by a private nonprofit organization as the sole general partner.

Apply for FR 5415 N 38

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