The Section 202 Program
of Supportive Housing for the Elderly and the Section 811 Program of Supportive
Housing for Persons with Disabilities
provide Federal capital advances
and project rental assistance
under section 202 of the Housing Act of
1959 (12 U.S.C. 1701q) (section 202) and
section 811 of the National Affordable
Housing Act (42 U.S.C. 8013) (section
811), respectively, for housing projects
serving elderly households and persons
with disabilities. Section 202 projects
shall provide a range of services that
are tailored to the needs of the residents.
Owners of Section 811 projects
shall ensure that the residents are provided
with any necessary supportive
services that address their individual
needs.
(b) General policy—(1) Supportive
Housing for the Elderly. A capital advance
and contract for project rental
assistance provided under this program
shall be used for the purposes described
in Section 202 (12 U.S.C. 1701q(b)).
(2) Supportive Housing for Persons with
Disabilities. A capital advance and contract
for project rental assistance provided
under this program shall be used
for the purposes described in Section
811 (42 U.S.C. 8013(b)).
(c) Use of capital advance funds. No
part of the funds reserved may be
transferred by the Sponsor, except to
the Owner caused to be formed by the
Sponsor. This action must be accomplished
prior to issuance of a commitment
for capital advance funding.
(d) Amendments. Subject to the availability
of funds, HUD may amend the
amount of an approved capital advance
only after initial closing has occurred.