Pre-1974 Section 202 Direct Loan Preservation
 
What's New!

April 26, 2018: HUD is pleased to announce that with the publication of two Housing Notices published this year (described below) there are now comprehensive options for owners of properties with pre-1974 Section 202 Direct Loans to preserve the affordability of these properties by entering into long-term rental assistance contracts. HUD has also developed a 2-page flyer, “Key Concepts for Preservation of Pre-1974 Section 202 Direct Loan Properties,” to assist owners with understanding the preservation options. HUD is also developing a webinar on this topic, which will be announced at a future date.

Summary of Housing Notices

 

 

Preservation of 202 Direct Loan Projects. How Does it Work?
How does it work?