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HUD Invites Comments on Proposed Section 202, 811 Rule Changes

Monday, October 6, 2014 - 7:00AM

The U.S. Department of Housing and Urban Development (HUD) is inviting comments on a proposed rule amending regulations governing its Section 202 and Section 811 programs. According to HUD, the proposed rule would streamline the Section 202 and Section 811 programs to better provide supportive housing for the elderly and persons with disabilities. Among other things, the proposed rule would implement a new form of rental assistance called Senior Preservation Rental Assistance Contracts (SPRACs) and allow a set-aside for a number of units for elderly individuals with functional limitations. Comments are due by Dec. 5.

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