The U.S. Department of Housing and Urban Development's (HUD) Office of Multifamily Housing has announced the availability of $212 million in funding to expand affordable housing and supportive services for very-low and extremely-low-income individuals with disabilities through the Section 811 Supportive Housing for Persons with Disabilities program. This program aims to create, subsidize, and provide supportive services for rental housing to meet the needs of this vulnerable population. Through the Section 811 Capital Advance/Project Rental Assistance Contract (PRAC) program, $106 million in capital advances can be used for the development of new or rehabilitation of existing supportive housing, along with project rental subsidies to keep homes affordable. The Section 811 Project Rental Assistance (PRA) will also provide $106 million to state housing and other agencies for project rental assistance to cover the difference between the tenants’ contributions toward rental payments and the HUD-approved rent for the property for eligible tenants with disabilities.
Applications must be submitted by February 8, 2024.
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