The Department of Housing and Urban Development (HUD) provided details on accessing approximately $371 million of funding for Section 202 Supportive Housing for the Elderly Program, which is authorized by section 202 of the Housing Act of 1959.

Section 202 Supportive Housing for the Elderly Program provides funding in the form of capital advances and project rental assistance for the development and operation of supportive affordable housing projects serving the elderly.

The Notice of Funding Availability (NOFA), providing information regarding an overview of the application process can be found here.