Funding for Fiscal Year 2012
Congress passed a full year spending bill for HUD for Fiscal Year (FY) 2012 requiring significant spending cuts across the Department's budget. Section 202 and Section 811 appropriations will not provide for any new Capital Advance funds to support NOFAs for new construction activities. There will still be funds available to renew all PRAC contracts and for implementation of new authorities.
- Existing PRAC Renewal Obligations: Funding will be available to support all PRAC renewal costs for existing Section 202 and Section 811 properties.
- Assisted Living Conversion Program: HUD will be issuing a NOFA for approximately $25 million in FY 2012. Under the Section 202 Supportive Housing for the Elderly Act of 2010, funds provided under this program can now be used also for conversion of properties to "Service-Enriched Housing" in addition to licensed residential care facilities. Service-Enriched Housing does not require facility licensure.
- Section 811 Project Rental Assistance Demonstration: Under a new authority created by the Frank Melville Supportive Housing for the Elderly Act of 2010, HUD will be issuing a NOFA for approximately $75 million in FY 2012. Eligible applicants will only be state housing or other appropriate governmental agencies. Funds can be used to layer operating assistance into buildings for supportive housing set-asides for persons with disabilities. More information on this new authority can be found on the Section 811 webpage on hud.gov.
- Section 202 Senior Preservation Rental Assistance Contracts: Under a new authority created by the Section 202 Supportive Housing for the Elderly Act of 2010, new Section 8 HAP contracts will be made available starting in FY 2012 for Section 202 Direct Loan properties with units not currently covered by a rental assistance contract.
- Service Coordinator Program: A NOFA will be issued for approximately $11 million for new Service Coordinator funding.
- Capital Advance New Construction: No funds will be available for this purpose in FY 2012 for either Section 202 or Section 811.
Compliance Training for a PRAC?
Compliance training is traditionally available for all HUD subsidized properties by reviewing the compliance handbook and a trainer that prepares you just for a test. In the training, you learn about things that are completely irrelevant for you and finding yourself asking questions that the trainer might not have any idea about.
The solution for you is our PRAC Occupancy Specialist course. Forget being in a crowded room and the only one raising their hand when asked if anyone has a PRAC property. This training is only for PRAC funded property staff and will only go over the rules, regulations, and how to operate it properly when dealing with HUD. Learn the best ways to deal with regulations from multiple organizations and how to best serve your residence.
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