Project Rental Assistance Contract (PRAC)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:affordable_housing
gptkbp:administeredBy	gptkb:U.S._Department_of_Housing_and_Urban_Development
gptkbp:appliesTo	specific housing projects, not individuals
gptkbp:benefit	low-income elderly persons low-income persons with disabilities
gptkbp:covers	difference between resident payment and approved rent
gptkbp:duration	typically 3-5 years, renewable
gptkbp:eligibility	residents must be elderly or disabled residents must meet HUD income limits
gptkbp:fundedBy	gptkb:government
https://www.w3.org/2000/01/rdf-schema#label	Project Rental Assistance Contract (PRAC)
gptkbp:purpose	provide rental assistance for elderly and disabled persons
gptkbp:relatedTo	gptkb:Section_202_PRAC gptkb:Section_811_PRAC
gptkbp:renewable	subject to HUD approval and funding
gptkbp:rentContribution	residents pay 30% of adjusted income
gptkbp:replacedBy	gptkb:Section_8_project-based_assistance_for_new_Section_202/811_projects
gptkbp:startYear	1990
gptkbp:targetUser	project-based rental assistance
gptkbp:usedIn	gptkb:Section_202_Supportive_Housing_for_the_Elderly gptkb:Section_811_Supportive_Housing_for_Persons_with_Disabilities
gptkbp:bfsParent	gptkb:Section_202_Supportive_Housing_for_the_Elderly
gptkbp:bfsLayer	6