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DHCD's Enhanced Voucher to Project-Based Voucher Program for Preserving Affordable Housing

The DHCD has initiated a program aimed at the long-term preservation of affordable units in expiring-use multi-family developments. Utilizing its Moving to Work (MTW) authority, DHCD can convert Enhanced Vouchers (EVs) into Project-Based Vouchers (PBVs). Eligible subsidized properties must have a HUD notice for Enhanced Vouchers. Prior to conversion, tenants will be contacted to discuss their options regarding living in PBV units. The program ensures that the interests of tenants are prioritized during the transition between EVs and PBVs.

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DHCD's Enhanced Voucher to Project-Based Voucher Program for Preserving Affordable Housing

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  1. DHCD’sExpring Use PreservationProgram September 2012

  2. EV – PBV Program Background • DHCD has created an initiative to promote the long-term preservation of affordable units in expiring use multi-family developments. • Using its Moving to Work (MTW) authority, DHCD can convert an allocation of Enhanced Vouchers (EVs) into Project Based Vouchers (PBVs)and sign associated HAP contracts. • Credit to the Cambridge Housing Authority for its ground breaking work on this preservation tool.

  3. EV-PBV Eligible Properties • Existing subsidized multi-family properties that are undergoing a conversion action for which HUD has issued a notice of intent to provide Enhanced Vouchers. • HUD has designated DHCD to administer the Enhanced Vouchers. • The owner or prospective owner has requested participation in the program.

  4. EV-PBV Eligible Units • Units that accommodate tenants that have chosen to live in a Project Based Section 8 unit. • Units that receive vouchers but have ineligible tenants. • Units that receive vouchers but are vacant at the time the vouchers is issued, but have not been vacant for more than 24 months.

  5. EV – PBV Process • At least 120 days prior to a conversion, all tenants will be contacted by an independent 3rd party to examine and discuss their options. (Refer to voucher comparison chart) • Tenants will be offered a choice of an EV or residence in a PBV units. • The 3rd party will take a preliminary count of how many tenants are interested in living in a PBV. • DHCD will provide this information to HUD. HUD will only consider awarding the contract administration to a MTW agency if there is a critical number of tenants interested.

  6. EV – PBV Contract and Terms • Initial contract terms of up to 15 years with three (3) five-year renewals. Maximum of 30 years. • Owner must apply to DHCD for program participation and DHCD must conduct a HQS inspection and determine reasonable rent. • Owners will enter into a standard HUD PBV HAP contract.

  7. MRVP units in EV-PBV Projects • Some of the eligible EV-PBV projects have MRVP contracts. Tenants in an existing MRVP unit will be given the option of receiving an EV or tenancy in a unit with a PBV. • If a tenant living in a MRVP unit is not eligible for a EV or PBV, but they remain eligible for the MRVP program, DHCD is committed to keeping that MRVP voucher in the development. • DHCD will recapture any unused MRVPvouchers and reprogram.

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