HUD has released its Preservation Options for Section 236 Properties, a guide describing how to preserve Section 236 properties as affordable housing. The guide discusses issues like raising capital, loan prepayment Section 8 contract renewal options, Tenant Protection Vouchers and Enhanced Vouchers. All Section 236 loans will mature in the next three years, and HUD is encouraging all owners and managers of Section 236 projects to take action in 2016 to preserve their properties.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing