Housing for the Handicapped Act of 1985

[AI summary unavailable — showing source text] Housing for the Handicapped Act of 1985 - Amends the Housing Act of 1959 to require that at least 15 percent of loan funds appropriated under the housing for the elderly and the handicapped (Section 202) program be available for housing for (primarily nonelderly) handicapped families. Limits rental subsidies to: (1) 90 percent of the initial rental (and utility) costs; and (2) 20 years. Requires participating families to pay a rent contribution of at least 25 percent, with any such amount requiring approval by the Secretary of Housing and Urban Development. Exempts such housing projects from specified prevailing wage requirements. Requires loan applicants to submit a service benefit plan describing support services for elderly and handicapped families.…