Assisted Living Conversion Program (ALCP)
Katina X. Washington
The Assisted Living Conversion Program (ALCP) provides grants for the conversion of some or all of the dwelling units in an eligible project into assisted living facilities (ALFs) for frail elderly persons.
Typical funding will cover basic physical conversion of existing project units, common and services space. The ALCP provides funding for the physical costs of converting some or all of the units of an eligible development into an ALF or SEH, including the unit configuration, common and services space and any necessary remodeling.
Only private nonprofit owners of eligible multifamily assisted housing developments may apply for an ALCP grant. Eligible multifamily assisted housing developments must those designed for the elderly and financed through any of the following programs:
- Section 202
- Project-based Section 8 (including Rural Housing Services’ Section 515)
- Section 221(d)(3) below-market interest rate
- Section 236
Estimated Total Program Funding: $15,000,000
A link to the application is available through grants.gov.
For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RAC does not take part in application processes or monitor application status.