Section 811 Supportive Housing for Persons with Disabilities (Capital Advance)

0
686

Funding Opportunity ID: 321435
Opportunity Number: FR-6300-N-49
Opportunity Title: Section 811 Supportive Housing for Persons with Disabilities (Capital Advance)
Opportunity Category: Discretionary
Opportunity Category Explanation:
Funding Instrument Type: Grant
Category of Funding Activity: Housing
Category Explanation:
CFDA Number(s): 14.181
Eligible Applicants: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Others (see text field entitled “Additional Information on Eligibility” for clarification)
Additional Information on Eligibility: Eligible applicants are Sponsors or Co-Sponsors that are nonprofit organizations with a section 501(c)(3) tax exemption from the Internal Revenue Service, other than institutions of higher education, and who meet the threshold requirements contained in Section III below. Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.
Agency Code: HUD
Agency Name: US Department of Housing and Urban Development
Posted Date: Oct 09, 2019
Close Date: Feb 10, 2020 Electronically submitted applications must be submitted no later than 11:59 p.m., ET, on the listed application due date.
Last Updated Date: Oct 09, 2019
Award Ceiling: $2,500,000
Award Floor: $1
Estimated Total Program Funding: $75,000,000
Expected Number of Awards: 30
Description: The Section 811 Supportive Housing for Persons with Disabilities Program aims to expand the supply of integrated affordable housing by providing Capital Advance funding for the development of permanent supportive rental housing for very-low-income persons age 18 years or older. In addition to support for construction, Capital Advance awards provide operating subsidies in the form of a Project Rental Assistance Contract (“PRAC”) to maintain ongoing affordability over the next forty years. These much-needed units provide persons with disabilities the opportunity to live as independently as possible within the community in an integrated environment that provides access to appropriate and voluntary supportive services. The Department of Housing and Urban Development ("HUD") seeks to fund innovative Section 811 permanent supportive housing models that will be at the forefront of design, service delivery and efficient use of federal resources To achieve this outcome, HUD expects successful Sponsors to demonstrate best practices or innovation in both physical design and supportive services. Proposals must promote the long-term housing sustainability and facilitate community integration for persons with disabilities. HUD aims to provide Capital Advance funding to those applicants who leverage Capital Advance funds with other financing sources to meet the goal of development of permanent supportive housing. Sponsors/Owners are encouraged to establish formal partnerships with multiple health and human service agencies or organizations with a demonstrated capacity to coordinate voluntary services and supports to enable individuals to live independently in the community. These partnerships should assist the Owners by providing referrals, assisting with a timely transition to a unit, and providing the opportunity to access any supportive services and supports. Demonstrated capacity may refer to previous experience and a well-developed plan to provide referrals, services, and supports.
Version: 1





Visit the Official Webpage For More Details on Section 811 Supportive Housing for Persons with Disabilities (Capital Advance)

LEAVE A REPLY

Please enter your comment!
Please enter your name here