Housing for the Elderly Improvement Act of 1992

Housing for the Elderly Improvement Act of 1992 - Title I: General Improvements to Programs Providing Housing for the Elderly - Amends the Department of Housing and Urban Development Act to establish in the Department of Housing and Urban Development (HUD) a position of Assistant Secretary for Supportive Housing to administer the supportive housing programs of HUD, including programs for the elderly and the disabled.

Directs the Secretary (Secretary) of HUD, through the Assistant Secretary for Supportive Housing, to review and report to the Congress with regard to: (1) HUD multifamily projects and services, including projects and local housing markets for the elderly; and (2) the adequacy of HUD funding and geographic targeting of resources for housing for the elderly.

Requires each unit in newly constructed assisted housing for the elderly to be protected by an automatic sprinkler system and smoke detector.

Directs the Secretary to: (1) conduct a study and report to the Congress with respect to fire safety levels in HUD housing for the elderly; and (2) enter into agreements with local housing agencies to provide one-stop housing assistance applications for elderly persons and persons with disabilities.

Title II: Section 202 Supportive Housing for the Elderly - Amends the Housing Act of 1959 to extend authorization of appropriation authority, with regard to housing for very low-income elderly persons for: (1) capital advances; and (2) rental assistance.

Authorizes the Secretary to use residential receipts and replacement reserves for maintenance and services.

Creates separate tenant rent contribution formulas for efficiency units and for one or more bedroom units.

Amends the Housing Act of 1959 to permit owners to accomodate shared housing arrangements in design flexibility and tenant selection.

Directs the Secretary to carry out a demonstration program of mixed-income housing for the elderly, including the provision of supportive services.

Title III: Revised Congregate Housing Services - Amends the Cranston-Gonzalez National Affordable Housing Act to extend authorization of appropriations for congregate housing.

Authorizes the Secretary to set aside specified congregate housing appropriations for supportive services under the HOPE for elderly independence program.

Revises the definition of "frail elderly" for congregate housing purposes.

Sets forth applicant priority provisions.

Title IV: Service Coordinators in Federally Assisted Housing - Amends the Cranston-Gonzalez National Affordable Housing Act to require congregate housing service coordinators to receive specified training with respect to elderly persons' services.

Provides for such service coordinators' services under the following federally assisted housing programs: (1) congregate housing; (2) project-based section 8 housing; (3) multifamily housing; (4) rural rental housing; (5) supportive housing for the elderly (section 202); and (6) public housing.

Title V: Home Repair Programs - Amends the Cranston-Gonzalez National Affordable Housing Act to obligate specified HOME investment partnership appropriations for the model home repair for the elderly and disabled program.

Amends the Housing Act of 1949 to authorize appropriations for grants and loans for rural housing repair for very low-income elderly families.

Title VI: Mortgage Insurance for Assisted Living Facilities - Amends the National Housing Act to make assisted living facilities for frail elderly persons eligible for mortgage insurance.