HUD Announces $550 Million For Low Income Senior Housing

The U.S. Department of Housing and Urban Development (HUD) announced on Monday more than $550 million in housing assistance low income seniors and persons with disabilities.  The funding and grants will provide interest-free capital advances to non-profit developers so they can produce accessible housing, offer rental assistance, and provide supportive services for the elderly and persons with disabilities.  The grants announced today are provided through HUD’s Section 202 and Section 811 Supporting Housing programs. They will fund 169 projects in 46 states.

"The Obama Administration is committed to making sure our senior citizens and persons with disabilities have opportunities to live in decent, affordable homes," said HUD Secretary Shaun Donovan. "Neither of these groups should ever have to worry about being able to find a safe place to live."

To read a detailed summary of each grant, visit HUD’s website.