Be the life or your party! Amaze your friends! Or...if you have difficulty sleeping you can download HERE very detailed justifications by program area from HUD's FY 2012 proposed budget.( I count close to 50 separate justifications by programs and topics).
All kidding aside, there really IS a lot of detail buried in these reports; for example from the Section 202 Housing for the Elderly CJ HERE you will find these tidbits:
A. Graph below shows the rapidly growing annual costs of renewing existing PRAC /operating subsidy costs for existing Section 202 elderly projects, with annual renewal costs in FY 2012 projected at more than 5 TIMES the annual costs in FY 2007:
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B. HUD plans shift in focus for 202 in the future
In fiscal year 2012, HUD proposes appropriations language changes to allow funds to be used for the newly authorized senior preservation rental assistance contracts to maintain affordability in older Section 202 developments originally financed with direct loans. Going forward, HUD will also continue to align new Section 202 developments with ongoing efforts by the Department of Health and Human Services and its state partners to better deliver services to frail elderly aging in place in the community. New Section 202 housing would increasingly serve Medicaid-eligible households receiving licensed care in the context of independent living and would increasingly be co-located with community-based health care facilities.In addition, HUD will be doing more with Section 202 program funds by prioritizing leveraging of other mainstream affordable housing funds rather than fully funding the full capital advance award amount and streamlining the operating subsidy structure to increase efficiency and leverage. HUD is also working to better ensure that Section 202 program funds are awarded to higher capacity sponsors who have projects that are lined up and ready to go. Taken together, these reforms will: 1) create and sustain more affordable units at a lower initial cost than in previous years; 2) streamline and modernize the program to reduce administrative processing and increase the likelihood of units successfully being completed under a shorter timeframe; and 3) ensure that new housing serves as a platform for elderly persons to age-in-place in the community
[Editorial comment: If HUD would just publish the damn LONG delayed NOFA for Section 202 that uses FY 2009 funds it might have a little more cred on the "shorter timeframe" goal].
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