America's #1 Best Selling Government Grant and Loan Search Software. Find a grant! Apply Today!America's #1 Best Selling Government Grant and Loan Search Software. Find a grant! Apply Today!
America's #1 Best Selling Government Grant and Loan Search Software. Find a grant! Apply Today!
"When it comes to looking for government grant money, you don't need an expensive consultant, you need a database software program called the Federal Money Retriever. It's unusual to find a product that the experts agree is the best of the best."
The Wall Street Journal
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GOVERNMENT GRANTS AND LOANS
Mortgages Insurance for Single Room Occupancy (SRO) Projects

    PROGRAM OBJECTIVES:
    The Single Room Occupancy (SRO) Program provides mortgage insurance for multifamily properties consisting of single-room units. There are no Federal rent subsidies involved with this SRO Program. It is aimed at those tenants who have a source of income but are priced out of the rental apartment market. SRO projects will generally require assistance from local governing bodies or charitable organizations in order to reduce the rents to affordable levels.

    ELIGIBLE FUNCTIONAL CATEGORIES:
    1. HOUSING;
    - Cooperatives, Rental;
    - Multifamily;

    WHO CAN BENEFIT FROM THIS PROGRAM:
    - Individual/Family;
    - Anyone/general public;

    WHO CAN APPLY:
    - Sponsored organization;
    - 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);

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Note: This is an online partial preview only - for all features and details,
check out the Federal Money Retriever® software at www.fedmoney.com.
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