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HUD/HUDSEC RIN: 2501-AD37 Publication ID: Fall 2008 
Title: Supportive Housing for the Elderly and Persons With Disabilities (FR-5167) 
Abstract: This proposed rule would amend HUD's regulations governing capital advances for the following two programs: Section 202 Supportive Housing for the Elderly and section 811 Supportive Housing for People With Disabilities. This rule proposes to provide an exception to the conflicts of interest provisions in capital advance regulations. Current regulations specify that certain contracts between the owner, the legal owner of the housing for the elderly or persons with disabilities and the sponsor, the nonprofit entity sponsor's nonprofit affiliate, will not constitute a conflict of interest if no more than two persons salaried by the sponsor or management affiliate serve as non-voting directors on the owner's board of directors. This rule amends current regulations to include an exception to the conflict of interest provisions to permit the non-profit sponsors to be the seller of the land. 
Agency: Department of Housing and Urban Development(HUD)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 24 CFR 891.130(a)(2)   
Legal Authority: 12 USC 1701q    42 USC 1937f, 3535(d), and 8013   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/00/2009    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Yvonne Jefferson
Office of Housing Assistance and Grant Administration
Department of Housing and Urban Development
Phone:202 708-3000