President’s Budget Seeks to Terminate HUD 202 Program – Position Paper Q&A – Issues & Answers

HUD202QASuspension2010

HUD’s Section 202 Capital Advance program helps expand the supply of affordable housing with supportive services for the elderly. Facing elimination within the 2011 President’s Budget, the goal is to inform and educate the reader about both the strengths and weaknesses of the program in an effort to not only continue the program, but improve upon it.

An effort is underway to contact Legislators, inform them of the issues, and encourage them to retain this valuable program.

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