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U.S. Department of Housing and Urban Development, Asst Secretary for Housing--Federal Housing Commissioner

Mortgage Insurance Rental Housing for the Elderly

Federal program · program number 14.138 (the federal Assistance Listing number) · also called “New Construction and Substantial Rehabilitation for Rental Housing for the Elderly - Section 231”

Key facts

Open now
None right now
Type of help
Loan guarantee
Deadlines
Contact the headquarters or regional location, as appropriate for application deadlines

This program offers loans or loan guarantees, which must be repaid.

What it pays for

To provide quality rental housing for the elderly.

Who can apply

Eligible mortgagors include private profit-motivated developers, and nonprofit sponsors.

Match

Match: none required (federal program listing). Statutory Formula: Title National Housing Act, Part 231, Subpart A,Public Law 12 U.S.C. 1715v.HUD Multifamily Hubs, Regional Centers, Satellite Offices, and Program Centers.

Official program listing (SAM.gov) Program website