Industry News

HUD awards $710M to house elderly, people with disabilities

Eligible persons must meet 'very low-income' requirement

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The Department of Housing and Urban Development on Thursday announced more than $710 million in grants to help very low-income elderly and people with disabilities find affordable housing. HUD is awarding $574.8 million through Section 202 grants to assist very low-income elderly and $135.8 million through Section 811 grants to assist very low-income people with disabilities. "Our senior citizens have given us so much, and Americans with disabilities make remarkable contributions to our society every day. Neither group should ever have to worry about being able to afford a decent place to live," said HUD Secretary Alphonso Jackson. "The grants we are announcing today will go a long way toward achieving that goal." HUD's Section 202 grants program helps expand the supply of affordable housing with supportive services for the elderly. It provides very low-income elderly with options that allow them to live independently but in an environment that provides support activities such as clea...