TITLE

Senior Section 202 Housing Gets A Budget Boost

PUB. DATE
March 2013
SOURCE
Assisted Housing Alert;Mar2013, Vol. 9 Issue 3, p21
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers information on the Senior Preservation Rental Assistance Contracts (SPRACs) eligibility criteria issued by the U.S. Department of Housing and Urban Development (HUD) to the U.S. Office of the Federal Register. It cites the criteria for SPRAC eligibility including a passing Real Estate Assessment Center (REAC) inspection, no alleged fair housing violations, and 202 loan must be prepaid. It mentions that through SPRAC, HUD will award $16 million for funding 2,000 housing units.
ACCESSION #
85961141

 

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