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05.27.14

HUD guidance makes $5 million in voucher assistance available to owners in low-vacancy areas

HUD has issued guidance making $5 million in tenant protection voucher assistance available for certain at-risk households in low-vacancy areas. Notice HUD 2014-13 provides instructions, eligibility and selection criteria for $5 million of the $130 million appropriated for tenant protection actions in the Consolidated Appropriations Act, 2014 (PL 113-76). HUD will accept requests for assistance on a rolling basis until the funding is exhausted.

Under the Notice, three categories of properties in low-vacancy areas are eligible for either enhanced vouchers or project-based voucher (PBV) assistance.

Owners may submit requests to the HUD Multifamily Hub/Program Center Director for either enhanced vouchers or PBV assistance, which will be administered by a Public Housing Agency (PHA).

Read more about the eligibility requirements for this type of assistance.