by NCHM | Jun 30, 2026 | Senior Housing
What is a HUD Project Rental Assistance Contract (PRAC)? A Project Rental Assistance Contract (PRAC) is a rental subsidy program administered by the U.S. Department of Housing and Urban Development (HUD) under Section 202 and Section 811 of the Housing Act. The... by NCHM | May 8, 2026 | Senior Housing, Uncategorized
For seniors on a fixed income, finding safe and affordable housing is more than a financial necessity; it is a foundation for health and independence. At NCHM, we work closely with the programs and managers that provide these essential services. This guide breaks down... by NCHM | May 1, 2026 | Senior Housing
The short answer is: it depends. The longer answer can be a bit confusing, so let’s break it down as simply as possible. Background The concept of housing specifically for older adults has existed in the U.S. since the mid-1800s. Early examples include: St. Margaret’s...