Skip to main content

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Mortgage Insurance Rental Housing for the Elderly

Program Information

Popular name

New Construction and Substantial Rehabilitation for Rental Housing for the Elderly - Section 231

Program Number

14.138

Program objective

To provide quality rental housing for the elderly.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

24 CFR 231.1 et seq. Section 231, Housing for the Elderly for Project Mortgage Insurance, and the MAP Guide available on HUDclips.

  1. 24, 231, National Housing Act, as amended, Section 231, Public Law 86-372, 73 U.S.C. 654, 12 U.S.C. 1715(V).

Program details

Eligible beneficiaries

  • Anyone/general public
  • Disabled (e.g. Deaf, Blind, Physically Disabled)
  • Physically Afflicted (e.g. TB, Arthritis, Heart Disease)
  • Private nonprofit institution/organization
  • Profit organization
  • Public nonprofit institution/organization
  • Senior Citizen (60+)

Additional resources