Bill Introduced to Reform HUD Section 202 Program

by Richard W. Brown on July 6, 2007

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Last week, Representative Tim Mahoney (D-FL) introduced H.R. 2930, a bill to reform HUD’s Section 202 Supportive Housing for the Elderly. The legislation would make changes to Section 202’s assisted living conversion program, would modify the process for refinancing Section 202 properties, and would make several construction reforms to the program. The bill has been sent to the House Committee on Financial Services.

To read the full bill click here.

Tagged as: Supportive Housing

Article by Richard Brown

Richard W. Brown, Executive Director, begins his eightenth year with Monarch Housing Associates in 2008. He has thirty-five years experience in both housing development and the management of permanent, affordable and supportive housing. Before working for Monarch, Mr. Brown helped to develop and implement affordable housing and home ownership programs in New Jersey and New York. He is a member of the Federal Home Loan Bank of NY's AHP Advisory Committee.

Richard has written 1145 awesome articles.

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