We began life in 2007 as the Benson Arts Commission. To take a broader role in the arts community by expanding beyond Benson city limits, the San Pedro River Arts Council was …

The purpose of the SPRAC Program is to prevent the displacement of income-eligible elderly residents of eligible Section 202 Direct Loan properties that may result from the owner’s refinancing or recapitalization of the property. In FY 2012, $16 million was made available for SPRAC funding under a competitive process to be directed by HUD.

Apr 5, 2013 · HUD has created a webpage for the Senior Preservation Rental Assistance Contract (SPRAC) program. The SPRAC program was detailed in the January 8, 2013 Federal Register Notice. Highlights:

i. market the SPRAC Units in accordance with 24 C.F.R § 891.600(a)(2), or in accordance with any successor SPRAC requirements; ii. m ake good faith ef for ts to lease the SPRAC U nits to eligible F amilies; and

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public housing agency (PHA) for the purpose of PHA administration of the SPRAC to the extent permitted under any Annual Contributions .

Jan 8, 2013 · The Section 202 Supportive Housing for the Elderly Act of 2010, signed into law in January 2011, authorizes HUD to provide Senior Preservation Rental Assistance Contracts (SPRACs) with 20-year terms to prevent displacement of elderly residents of certain projects assisted under HUD's Section 202 Supportive Housing for the Elderly program in the ...

Definition of SPRAC in Military and Government. What does SPRAC stand for?

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What does SPRAC stand for? SPRAC abbreviation. Define SPRAC at AcronymFinder.com.