Community Project Funding (CPF)/Congressionally Directed Spending (CDS)

Congressional project funding grants provide investment in a wide variety of projects such as housing, homelessness prevention, workforce training, public facilities, parks, resilience planning and other critical infrastructure and services.


Section 202/PRAC

The Section 202 Supportive Housing for the Elderly program provides Capital Advance funding for the development of supportive rental housing for Very-Low-Income persons aged 62 years older and project rental subsidies in the form of a Project Rental Assistance Contract (PRAC) to maintain ongoing affordability.

– Capital Advance funds must be used must be used to finance construction, reconstruction, moderate or substantial rehabilitation, or acquisition of a structure with or without rehabilitation.
– Project Rental Assistance Contracts (PRACs) funds are used to cover the difference between the tenants’ contributions toward rent and the HUD approved cost to operate the project, including the cost of employing a service coordinator and HUD approved service expenses