HUD Offers Webinar to Discuss Preservation of Pre-1974 Section 202 Direct Loan Properties

HUD will conduct a 90-minute webinar on preservation options for pre-1974 Section 202 Supportive Housing for the Elderly Direct Loan properties. The webinar, to be held on October 9 at 2:00 p.m. ET, is intended for pre-1974 Section 202 Direct Loan property owners, public housing agencies, and other stakeholders interested in learning strategies to preserve the affordability of these properties. You must have a HUD Exchange account to register. Follow these instructions for registering.  Register at: https://bit.ly/2xC4H9U

The webinar will include guidance on a recent HUD notice related to prepayment and refinancing of Section 202 Direct Loans, Notice H 2013-17. It will also discuss strategies to obtain and utilize tenant protection vouchers and Senior Preservation Rental Assistance Contracts (SPRACs), Notices H 2018-01 and H 2018-02.

Following the overview of these preservation options, participants will be able to participate in a Q&A session with the presenters.

For information about the webinar, contact Helena Waziri, [email protected], 240-582-3626.

More information about the Section 202 Supportive Housing for the Elderly program is on page 4-29 of NLIHC’s 2018 Advocates’ Guide.