HUD Offers $25 Million to Convert Apartments into Assisted Housing for Seniors - Application Deadline May 15

The U.S. Department of Housing and Urban Development (HUD) will [fund][1] awards up to $25 million to help convert multifamily apartment complexes into assisted living facilities for low-income senior citizens. The funding is offered through HUD's [Assisted Living Conversion Program][2]_._ The money will be used to make physical changes to buildings, such as upgrading appliances or adding railways, to meet assisted living requirements. Read the [full announcement][3] for eligibility requirements and conversion details. Application deadline is **May 15, 2012**.

[1]: http://www.grants.gov/search/search.do;jsessionid=QnGHPfQYhpZ7yjCnYhX8wGBnvLL9JKPMF41L062Z11PyydnBpyQS!582005965?oppId=152693&mode=VIEW
[2]: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/mfh/progdesc/alcp
[3]: http://www.grants.gov/search/announce.do;jsessionid=JCVQPjVGNsPBLn6qrlqnZVP4gBKxYGWnG12hGT3KnKBgGPr5hk1R!-16379161

URL: http://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories/2012/HUDNo.12-054