New Funding Opportunities for Elderly Households in HUD Multifamily Properties
HUD recently announced availability of approximately $15 million in funds under HUD’s Fiscal Year 2015 Supportive Services Demonstration for Elderly Households in HUD-assisted multifamily housing. The funds would be available for up to 80 grants for a three-year demonstration to eligible owners of HUD-assisted senior housing developments to cover the cost of a full-time enhanced service coordinator, a part-time wellness nurse, and some start-up costs. There is no requirement for cost sharing or cost matching.
The goal of the demonstration is to produce evidence of the positive impact supportive services have on elderly households living in affordable housing. HUD’s investment under this Demonstration is intended to produce evidence about the impact of a supportive services model in existing assisted senior developments on:
- Aging in place;
- Transitions to institutional care; and
- Housing stability, well-being, health outcomes, and health care utilization (e.g., hospitalizations, emergency room visits) associated with nursing home placement and high health care costs).
Applicants must submit a completed electronic application through www.grants.gov by April 18, 2016.