PROGRAM OBJECTIVES:
Enables nonprofit cooperative ownership housing corporations or trusts to develop or sponsor the development of housing projects to be operated as cooperatives. Section 213 allows investors to provide good quality multifamily housing to be sold to such nonprofit corporations or trusts upon completion of construction or rehabilitation.

 ELIGIBLE FUNCTIONAL CATEGORIES:
1. HOUSING;
- Homebuying, Homeownership;
- Home Improvement;
- Cooperatives, Rental;
- Multifamily;
- Construction Rehabilitation;

 WHO CAN BENEFIT FROM THIS PROGRAM:
- Homeowner;

 WHO CAN APPLY:
- Public non-profit institution/organization (includes institutions of higher education and hospitals);
- Other public institution/organization;
- Private non-profit institution/organization (includes institutions of higher education and hospitals);
- Quasi-public non-profit institution/organization;