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HUD awards $74M for rental housing
HUD has announced the award of over $74 million in grants to 12 state housing finance agencies to support affordable rental housing for extremely low-income persons with disabilities. The awards will support up to five years of rental assistance for approximately 2,400 units of housing in buildings participating in project rental assistance through HUD’s Section 811 Supportive Housing for Persons with Disabilities program.
HUD provides rental assistance to more than 35,000 households through its Section 811 program. The program supports:
- Increasing the supply of accessible rental housing units for individuals with disabilities by integrating these units within existing, new, or renovated multifamily developments.
- Creating effective, successful and sustainable partnerships between state housing agencies and state Health and Human Services/Medicaid agencies to provide permanent housing for persons with disabilities with access to appropriate supportive services; and
- Identifying innovative and replicable ways for using and leveraging Project Rental Assistance funds.