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News from LeadingAge: New Funding Increases Section 202 Preservation Rent Subsidies
On August 24, 2023 by LeadingAge
The Department of Housing and Urban Development (HUD) broke down how $12 million in new Congressional funding, for which LeadingAge advocated, will increase Section 202 rents as communities with Project Rental Assistance Contracts (PRACs) go through Rental Assistance Demonstration (RAD) conversion.