Obama Administration announces more than $550 million to help elderly and people with disabilities

Posted by Pam Blanton on July 13, 2010

WASHINGTON – Thousands of senior citizens and persons with disabilities will soon be able to find affordable housing, thanks to more than $550 million in housing assistance announced today by the U.S. Department of Housing and Urban Development (HUD). The funding will provide interest-free capital advances to non-profit developers so they can produce accessible housing, offer rental assistance, and provide supportive services for the elderly and persons with disabilities.

The grants announced today are provided through HUD’s Section 202 and Section 811 Supporting Housing programs. They will fund 169 projects in 46 states. To read a detailed summary of each grant, visit¬†HUD’s website.

“The Obama Administration is committed to making sure our senior citizens and persons with disabilities have opportunities to live in decent, affordable homes,” said HUD Secretary Shaun Donovan. “Neither of these groups should ever have to worry about being able to find a safe place to live.” ¬†READ MORE

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