Section 202 Hud

The section 202 program helps expand the supply of affordable housing with supportive services for the elderly.
Section 202 hud. Section 202 was rescinded under the quality housing and work responsibility act of 1998. Section 202 supportive housing for the elderly program the section 202 program helped 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 cleaning cooking transportation etc.
It provided direct loans and capital advances from the federal government to support nonprofit entities to build housing for very low income elderly. Required conversion implementing section 33 of the housing act of 1937 voluntary conversion implementing section 22 of the housing act of 1937. This new legislation covered similar actions as part of the following amendments to the 1937 housing act.