Senior Subsidized Housing

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Posts Tagged ‘HUD 202 Income Limits’

HUD 202 Income Limits

Saturday, December 27th, 2014:

Section 202 is the official name for one of the senior housing programs offered by the federal government and consists of public rental housing options for qualifying seniors… The Section 202 program is the Department’s principal program designed to develop subsidized rental housing for very low-income older adults. The intent of the program is to provide more than just shelter, as shown by the following passages of the Housing Act of 1959: “Sec. 202. (a) (1) The purpose of this section is to assist private nonprofit corporations to provide housing and related facilities for elderly families and elderly persons… (d) […] Read More →

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