HUD Announces $212 Million Funding Opportunity to Expand Affordable Housing Options for Low-Income and Persons with Disabilities

227
The U.S. Department of Housing and Urban Development
The U.S. Department of Housing and Urban Development

The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing announced that $212 million in funding is available to expand the supply of affordable housing and supportive services for very-low and extremely-low-income persons with disabilities. The funding is available to participants in the Section 811 Supportive Housing for Persons with Disabilities program, which helps develop, subsidize, and provide supportive services for rental housing to meet the needs of this vulnerable population.

“Every American should have the ability to live in affordable housing that caters to their needs. Unfortunately, today, far too many housing options are inaccessible to those with disabilities – and those with the appropriate accommodations are often too expensive,” said HUD Secretary Marcia L. Fudge. “This announcement delivers serious progress, making $212 million available to expand housing supply and supportive services for low-income folks with disabilities.”

Through the Section 811 Capital Advance/Project Rental Assistance Contract (PRAC) program, $106 million in capital advances can be used for the development of new or rehabilitation of existing supportive housing, along with project rental subsidies to keep homes affordable.

The Section 811 Project Rental Assistance (PRA) provides $106 million to state housing and other agencies for project rental assistance to cover the difference between the tenants’ contributions toward rental payments and the HUD-approved rent for the property for eligible tenants with disabilities.

“The goal is to provide people with disabilities the opportunity to live with dignity and independently within an integrated community that provides them with access to appropriate supportive services that they choose,” said Ethan Handelman, Deputy Assistant Secretary for Multifamily Housing Programs. “This funding is a small but important part of HUD’s overall commitment to meeting the housing needs of all communities.”