Capitol Correspondence - 02.25.20

Reminder: Application Deadline Fast Approaching for Federal Housing Grants

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With housing shortages disproportionately affecting people with disabilities, we encourage our members to consider an opportunity from the Department of Housing and Urban Development (HUD) to help people with disabilities access affordable housing. We previously covered this opportunity, but are sharing it anew because HUD extended the application period from the original deadline of February 10 to March 10, 2020.

Specifically, these grants are known as Capital Advance waivers, which provide “funding for the development of permanent supportive rental housing for very-low-income persons with disabilities age 18 years or older. The program also provides project rental subsidies in the form of a Project Rental Assistance Contract (‘PRAC’) to maintain ongoing affordability over the next forty years. These units provide persons with disabilities the opportunity to live with dignity and independence within the community in an integrated environment that provides access to appropriate and voluntary supportive services.”

Readers seeking to learn more are encouraged to consult this webinar recording explaining the Notice of Funding Availability (NOFA) or its transcript, or email questions to [email protected].