According to the leaked documents, HUD is contemplating asking Congress for a $42 million cut to the Section 202 program, whose renewal funding need in fiscal year 2017 is $412 million. Funding for Service Coordinator renewals and Senior Preservation Rental Assistance Contracts comprise the rest of the $505 million Section 202 account.

The weather was perfect as LeadingAge staff welcomed more than 1,100 to the rally to ask Congress to preserve and expand affordable housing for older adults with very low incomes. The rally brought together affordable housing supporters from the District and neighboring states MD and VA, as well as from PA, NJ, FL, OH, CT, MA and CA.  The rally’s co-hosts helped promote the event and were instrumental in its success.

According to the study, "by 2029 there will be 14.4 million middle-income seniors [aged 75+], 60 percent of whom will have mobility limitations and 20 percent of whom will have high health care and functional needs." The study found that 54% of this population will not have sufficient resources to cover the costs of the housing and services they will need. The study also noted decreasing numbers of family caregivers in relation to the numbers of older people who will need some form of long-term services and supports.

The draft bill would invest $100 million for single family repair loans to help older adults age in community: $70 billion to meet the backlog of capital repair needs to public housing; $1 billion to meet the backlog of capital repair needs for the Rural Housing Service’s Section 515 and Section 514 programs; $5 billion into the national Housing Trust Fund for the development, preservation, and operation of rental homes for household with the lowest incomes; $1 billion for the Native American Housing Block Grant; $10 billion for a set-aside within the Community Development Block Grant progr

On April 4, 2019, HUD released the Notice of Funding Availability for the new Section 202 funds appropriated by Congress in FY17 and a portion of those appropriated in fiscal year 2018. In total, the NOFA announces the competition for $50 million in Section 202 funds for the construction and ongoing rental subsidy of Section 202 homes. From the funds made available through this NOFA, HUD expects to make approximately 30 awards. The deadline to apply for the funds under FR-6200-N-52 is August 28, 2019.


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