HUD AWARDS $26 MILLION TO CONVERT APARTMENTS INTO ASSISTED LIVING OR SERVICE-ENRICHED SENIOR HOUSING
By HUD -

WASHINGTON, DC – December 20, 2012 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded $26 million in grants to the owners of multi-family housing developments in nine states to convert some or all of their apartments into assisted living or service-enriched environments for elderly residents (see attached list for grant recipients).


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HUD
http://www.hud.gov/

U.S. Department of Housing and Urban Development (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.

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Brian Sullivan
(202) 708-0685

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