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HUD No. 09-02JKV J. Nicholas Shelley, Field Office Director (904) 232-2627 |
For Release Wednesday January 14, 2009 |
BUSH ADMINISTRATION ANNOUNCES MORE THAN $650 MILLION
TO HELP VERY LOW-INCOME ELDERLY AND
PEOPLE WITH DISABILITIES
$30.4 million awarded for six Florida properties to provide housing and services
Two North Florida projects among those funded
JACKSONVILLE - Thousands of very low-income senior citizens and persons with disabilities will be able to find affordable housing thanks to more than $650 million in grants announced today by the U.S. Department of Housing and Urban Development.
The funding will provide non-profit developers interest-free capital advances to produce accessible housing, offer rental assistance, and provide supportive services for the elderly and persons with disabilities through HUD's Section 202 and Section 811 grant programs.
Three Florida non-profit organizations received ($24.6 million) in Section 202 grants for construction of 3 projects
with 189-units for low income elderly residents; and an additional three Florida agencies received ($5.8 million) in Section 811 grants to fund the construction of 3 projects with 45-units to serve very low-income people with disabilities. Together, these grants will provide over 234 units of housing and supportive services in six new
properties for low income elderly and persons with disabilities in Florida.
"These grants will help thousands of our nation's very low-income elderly and persons with disabilities find decent housing that they can afford," said HUD Secretary Steve Preston. "Neither group should ever have to worry about being able to find a safe place to live."
Section 202 Capital Advance ($525.9 million nationwide to assist very low-income elderly)
HUD's Section 202 Capital Advance Program expands the supply of affordable housing with supportive services for
the elderly. It provides very low-income persons 62-years and older with the opportunity to live independently in
an environment that provides the services they need. In addition to funding the construction, acquisition, and rehabilitation of multifamily developments, HUD's Section 202 program subsidizes the rents of senior citizens so they can limit their housing costs to only pay 30 percent of their incomes.
Section 811 Capital Advance ($124.5 million nationwide to assist very low-income people with disabilities)
Housing constructed using interest-free capital advances under HUD's Section 811 Program are primarily used in smaller newly constructed buildings, typically group homes for three to four people, or condominium units. Eligible residents pay 30 percent of their income for rent and the federal government will pay the rest. Households must
have one or more very low-income adult with physical or developmental disability or living with chronic mental illness.
The term "person with disabilities" may also include two or more people with disabilities living together, or one or
more persons with disabilities living with one or more live-in attendants. The program provides persons with
disabilities the opportunity to live independently in their communities by increasing the supply of rental housing with the availability of supportive services.
HUD provides the Section 202 and Section 811 funds to non-profit organizations in two forms:
- Capital Advances. This is funding that covers the cost of developing, acquiring, or rehabilitating the development.
- Project Rental Assistance Contract (PRAC). This is funding that goes to each development to cover the difference between the residents' contributions toward rent and the HUD-approved cost of operating the project.
FLORIDA FUNDING SUMMARY
Section 202 - Supportive Housing for the Elderly
Project Location: Pensacola, FL
Non-Profit Sponsor: Presbyterian Retirement Communities
Capital Advance: $5,407,300
Three-year rental subsidy: $496,800
Number of units: 53
Project Location: Tampa, FL
Non-Profit Sponsor: Diocese of St. Petersburg
Co-Sponsor: Catholic Charities
Capital Advance: $8,761,300
Three-year rental subsidy: $597,600
Number of units: 68
Project Location: Palmetto, FL
Non-Profit Sponsor: Diocese of Venice
Capital Advance: $8,800,900
Three-year rental subsidy: $597,600
Number of units: 68
Section 811 supportive housing for persons with disabilities
Project Location: Perry, FL
Non-Profit Sponsor: Goodwill Industries-Big Bend, Inc.
Capital Advance: $1,583,200
Three-year rental subsidy: $130,200
Number of units: 15
Project Location: St. Petersburg, FL
Non-Profit Sponsor: Boley Centers, Inc.
Capital Advance: $1,943,500
Three-year rental subsidy: $140,700
Number of units: 16
Project Location: Labelle, FL
Non-Profit Sponsor: Goodwill Industries of SW FL
Capital Advance: $1,917,800
Three-year rental subsidy: $139,500
Number of units: 14
Note: State-by-state breakdown of individual funding summaries is available on the HUD website.
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HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities;
creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation's fair housing laws. More information about HUD and its programs is available on the
Internet and espanol.hud.gov.
Florida Summary Description
Section 202 - Supportive Housing for the Elderly
Project Location: Pensacola, FL
Non-Profit Sponsor: Presbyterian Retirement Communities
Capital Advance: $5,407,300
Three-year rental subsidy: $496,800
Number of units: 53
Project Description: The funds will be used to construct 53 units for very low-income elderly persons. The project features a five-story building with 53 one-bedroom units, a community room for social activities and a common
laundry area. The construction design will incorporate visit ability and universal design standards. Management staff will facilitate access to a wide variety of supportive services that will allow the residents to live as independently as possible
Project Location: Palmetto, FL
Non-Profit Sponsor: Diocese of Venice
Capital Advance: $8,800,900
Three-year rental subsidy: $597,600
Number of units: 68
Project Description: The funds will be used to construct 68 units for very low-income elderly persons. The project design features a three-story building with 68 one-bedroom units. The construction will incorporate visit ability and universal design standards. The project will include a community room for social activities and a common laundry
area. The site is in close proximity to medical services, shopping, banking, etc. Residents will have access to a wide variety of supportive services that will allow them to live as independently as possible.
Project Location: Tampa, FL
Non-Profit Sponsor: Diocese of St. Petersburg
Co-Sponsor: Catholic Charities
Capital Advance: $8,761,300
Three-year rental subsidy: $597,600
Number of units: 68
Project Description: The funds will be used to construct 68 units for very low-income elderly persons. The project design features a three-story building with 68 one-bedroom units. The construction will incorporate visit ability and universal design standards. The project will include a community room for social activities and a common laundry
area. The site is in close proximity to medical services, shopping, banking, etc. Residents will have access to a wide variety of supportive services that will allow them to live as independently as possible.
Section 811 - Supportive Housing for Persons with Disabilities
Project Location: Perry, FL
Non-Profit Sponsor: Goodwill Industries-Big Bend, Inc.
Capital Advance: $1,583,200
Three-year rental subsidy: $130,200
Number of units: 15
Project Description: The funds will be used to construct 14 units for very low-income persons with physical disabilities with one manager's unit. The project will consist of 9 one-bedroom units and 6 two-bedroom units. The location is in close proximity to services such as medical, shopping and public transportation, etc. The project will enable the residents to live as independently as possible yet have access to the necessary supportive services.
Project Location: Labelle, FL
Non-Profit Sponsor: Goodwill Industries of SW FL
Capital Advance: $1,917,800
Three-year rental subsidy: $139,500
Number of units: 14
Project Description: The funds will be used to construct 16 units for very low-income persons with physical and developmental disabilities. The project will consist of 9 one-bedroom units and 5 two-bedroom units. The location is
in close proximity to services such as medical, shopping and public transportation, etc. The project will enable the residents to live as independently as possible yet have access to the necessary supportive services.
Project Location: St. Petersburg, FL
Non-Profit Sponsor: Boley Centers, Inc.
Capital Advance: $1,943,500
Three-year rental subsidy: $140,700
Number of units: 16
Project Description: The funds will be used to construct 16 units for very low-income disabled persons with
chronic mental illness. The project will consist of 16 one-bedroom units. The location is in close proximity to
services such as medical, shopping and public transportation, etc. The project will enable the residents to live as independently as possible yet have access to the necessary supportive services.
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