Before you judge Dodd-Frank...

Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"

Goldman Sachs: When will our kids move out?

Nearly half of California millennials still with parents

Cyprexx: Discrimination charges “frivolous”

Fannie Mae contractor responds to charges from National Fair Housing Alliance
W S
Lending / The Ticker

HUD provides $14.8 million for senior housing

coins stacked

The U.S. Department of Housing and Urban Development provided $14.8 million to preserve affordable rental assistance for elderly tenants living in subsidized properties through its Senior Preservation Rental Assistance Contracts.

The program is targeted for properties in HUD’s Section 202 “Supportive Housing for the Elderly” program and helps support affordable rent for seniors living in more than 1,700 units located in 12 properties in six states.

Without interventions like SPRACs, HUD estimates that maturing mortgages will signal the elimination of affordability protections for approximately 19,000 low- and very-low income seniors.

Recent Articles by Brena Swanson

Comments powered by Disqus