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Administrative Plan 7/1/2025 Page 17-2 <br />PART I: GENERAL REQUIREMENTS <br />17-I.A. OVERVIEW [24 CFR 983.5] <br />The project-based voucher (PBV) program allows a PHA that already administers a tenant-based <br />voucher program under an annual contributions contract (ACC) with HUD to take up to 20 <br />percent of its authorized units (plus an additional 10 percent for units meeting certain criteria) <br />and attach the funding to specific units rather than using it for tenant-based assistance [24 CFR <br />983.6]. Assistance may be tied to a multifamily building or a single-family building. PHAs may <br />only operate a PBV program if doing so is consistent with the PHA’s Annual Plan, and the goal <br />of deconcentrating poverty and expanding housing and economic opportunities [42 U.S.C. <br />1437f(o)(13)]. A PHA has discretion whether to operate a PBV program. HUD approval is not <br />required, except that the PHA must notify HUD of its intent to project-base its vouchers and <br />when the PHA executes, amends, or extends a HAP contract. The PHA must also state in its <br />administrative plan that it will engage in project-basing and must amend its administrative plan <br />to include all PBV-related matters over which the PHA is exercising its discretion. <br />SAHA Policy <br />SAHA will operate a project-based voucher program. <br />The PHA may enter into a HAP contract for existing housing, newly constructed or rehabilitated <br />housing (see definitions below). During the term of the HAP contract, the PHA makes housing <br />assistance payments to the owner for units leased and occupied by eligible families. <br />EXHIBIT 1