Request for Proposals (RFP) for Project-Based Voucher (PBV) Program Now OpenRelease Date: 2022-12-19
The Housing Authority of the City of Long Beach ("HACLB") is now accepting applications from property owners for a project-based voucher program ("PBV") under the Section 8 Housing Choice Voucher Program (HCV). This Request for Proposals ("RFP") is established pursuant to Title 24,Chapter IX of the Code of Federal Regulations, 24 CFR, Section 983.
Under the PBV Program, HACLB will attach a HCV Housing Assistance Payment ("HAP") Contract to a unit if the owner agrees to rehabilitate or construct the unit in accordance with regulations for the PBV Program and HUD's Housing Quality Standards ("HQS") The rent for each designated unit in the selected structure(s) will be subsidized by HACLB when the owner leases the unit to an eligible family. The purpose of this program is two-fold: (l) to encourage property owners to construct standard or upgrade substandard rental housing stock and (2) to make housing available to low-income families at rents within HUD's Fair Market Rents for the region.
Rehabilitation or new construction of selected projects cannot begin until HACLB and the owner(s) have executed an Agreement to enter into HAP Contract.
HACLB estimates that up to 200 units of multi-unit housing in the City of Long Beach will be assisted under the funding available for this purpose.
RFP Packets are now available online here. The application submission deadline is January 9, 2023.
Only applications submitted in response to this advertisement will be considered.
For additional information, please contact Silvia Medina at (562) 570-6040.