Congratulations to LeadingAge Ohio member, St. Mary Development Corporation, for being one of the 11 organizations nationwide to receive a 202 Supportive Housing for the Elderly award!
Offered under HUD’s Section 202 Supportive Housing for the Elderly program, nearly $97 million in funds will help facilitate 732 Project Rental Assistance Contracts (PRAC) to support the construction and operation for 818 new rent-assisted homes for low- and very low-income seniors aged 62 years or older. A portion of these funds will also be designated for the creation of 109 intergenerational homes to meet the unique housing needs of seniors raising children. The awards also provide seniors with supportive services for their nutritional, transportation, educational, and health-related needs.
Funds from the Fiscal Years 2022 and 2023 awards helped non-profits develop 1,887 total units nationwide, building communities that empower and uplift seniors and the children in their care.