In the ever-evolving landscape of affordable housing, the U.S. Department of Housing and Urban Development (HUD) is playing a pivotal role in transforming lives and communities. HUD is addressing the housing needs of individuals with disabilities by expanding access to integrated, supportive housing.
This program focuses on the creation of affordable housing solutions that cater to their unique needs. Here’s what you need to know:
The Initiative: This discretionary program seeks to stimulate innovative state-level strategies. The goal is to increase housing options for extremely low-income individuals with disabilities while providing necessary support and services.
Collaborations: HUD encourages partnerships between State Housing and Health and Human Service/Medicaid Agencies to create affordable, permanent supportive housing units. These collaborations aim to offer supportive services so that individuals with disabilities to live with dignity and independence.
Application Details: Eligible applicants include housing agencies currently:
allocating Low-Income Housing Tax Credits (LIHTC) or
participating in the HOME Investment Partnerships Act (HOME).
Applicants must have an Inter-Agency Partnership Agreement with the state agency responsible for health and human services programs, particularly Medicaid.
Funding: HUD has allocated an estimated total of $106 million for this initiative. The award ceiling is $8 million per project. The application deadline for this grant is February 12, 2024.
This grant program is all about expanding the supply of integrated affordable housing. Here are the key details:
The Goal: The Capital Advance program aims to help develop permanent supportive rental housing for very low-income persons with disabilities.
Project Rental Assistance: Offers rental subsidies through Project Rental Assistance Contracts (PRAC) to maintain affordability over the next forty years.
Community Integration: These initiatives are vital for individuals with disabilities to live independently within the community. In addition, they can access appropriate and voluntary supportive services.
Eligibility: Eligible applicants are private non-profit organizations with tax-exempt status under Section 501(c)(3) of the IRS Code. The application deadline for this grant is also February 12, 2024.
These initiatives not only provide affordable housing but also promote dignity, independence, and community integration. Housing agencies, nonprofits, and state agencies all play a crucial role in making these programs a success. Together, we can create inclusive communities and transform lives through affordable and supportive housing.
For more information and application details, visit the HUD website. Lastly, don’t miss the opportunity to be a part of this impactful housing transformation.