Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide

    By Julie S McGovern and Sarah L Molseed

    Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide

    Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide

    By Julie S McGovern and Sarah L Molseed

    The Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide updates and expands the Beginner’s Guide and provides additional information about the PBV program and its uses. As with the Beginner’s Guide, this book helps readers gain a basic understanding of the program and the associated thicket of regulations and processes, with particular attention to the updates and expansions made to the program under HOTMA.

    Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide

    By Sarah L Molseed

    Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide

    Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide

    By Sarah L Molseed

    The Practitioner's Guide to Project-Based Vouchers, A Successor to the Beginner's Guide updates and expands the Beginner’s Guide and provides additional information about the PBV program and its uses. As with the Beginner’s Guide, this book helps readers gain a basic understanding of the program and the associated thicket of regulations and processes, with particular attention to the updates and expansions made to the program under HOTMA.

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    The Project-Based Voucher (PBV)1 program is a relatively small project-based housing assistance program, funded by the Department of Housing and Urban Development (HUD) and administered by public housing authorities (PHAs), and was the subject of The Beginner’s Guide to Project-Based Vouchers published in 2015, the predecessor to this publication.

    This important subsidy program allows PHAs and owners of private multifamily properties to commit subsidy to particular units in order to preserve the long-term affordability of those units. Currently, it is the only program within HUD that provides for the creation of new subsidized units rather than the preservation of existing subsidy. Since the original publication of the Beginner’s Guide, the PBV program has seen significant changes and expansions through continued use of the Rental Assistance Demonstration (RAD) program and the enactment of the Housing Opportunities Through Modernization Act of 2016 (HOTMA). As of December 31, 2017, HUD reported 122,867 project-based vouchers (or certificates) nationally, including approximately 50,182 units converted under RAD. This represents a 34 percent growth in the program since the publication of the Beginner’s Guide. With the expansion of the program under HOTMA as discussed in Section III.A and expanded conversion of public housing units to PBVs under RAD, it is likely that this pace of expansion will keep pace and that PBVs will continue to be a vital development and affordable housing tool in the years to come.
     

    Product Details

    Sponsors

    Forum on Affordable Housing and Community Development

    Publishers

    ABA Book Publishing

    ISBN

    9781641051828

    Page Count

    112

    Product Code

    5530035

    Trim Size

    6 x 9 Paperback

    Publication Date

    5/22/2018 12:00:00 AM

    Authors

    Sarah L Molseed

    Sponsors

    ABA Book Publishing, Forum on Affordable Housing and Community Development

    ISBN

    9781641051835

    Page Count

    112

    Product Code

    5530035EBK

    Publication Date

    5/22/2018 12:00:00 AM

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