Monday, February 18, 2008

$450,000 to Make an Apartment Building Assisted Living

Called the Assisted Living Conversion For Eligible Multifamily Housing Projects and referred to as Program #14.314 in the Catalog of Federal Domestic Assistance, this program provides financial assistance to private nonprofit owners of eligible developments designed for the elderly with a grant to allow the conversion of some or all of the dwelling units in the project into Assisted Living Facilities (ALF's) serving frail elderly, as defined in Section 232(B)(6) of the National Housing Act. Contact your local office of the U.S. Department of Housing and Urban Development

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