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The Office
of Multifamily Housing Programs is currently seeking stakeholder input on a range
of possible reforms being contemplated for the Section 202 and Section 811 Programs.
Both programs received no funding for new construction activities in the administration's
proposed Fiscal Year 2011 budget. In part, this reflects the need to focus limited
HUD resources in support of existing assets and programs. But it also reflects
the fact that both programs have suffered from a lack of updating over recent
years. An overhaul is now contemplated to better target HUD's resources to more
cost-effectively meet the current housing and supportive service needs for frail,
elderly and disabled very low-income households. The direction of reform is still
being determined; however, HUD anticipates that modifications to the programs
could be legislative and/or administrative. Items under consideration include:
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Revisions in program guidelines to facilitate further leveraging of public and
private dollars;
- Allocating and administering funds through States;
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Raised thresholds for award of funds to sponsors with higher capacity;
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Better readiness criteria to speed development timeframes;
- Broader benefits
of program dollars achieved by providing aging-in-place services as an alternative
to institutionalization (202 only) and by encouraging integration of disabled
households within larger affordable communities (811 only);
- Modifications
to the geographic allocation formulas which spread limited resources too thin.
Please
email your comments and suggestions to Benjamin
T. Metcalf. |