Section 8: Project Based Voucher (PBV)

Definition

Project-based vouchers are a component of a public housing agencies (PHAs) housing choice voucher program. A PHA can attach a portion of its voucher assistance to specific housing units if the owner agrees to either rehabilitate or construct the units, or the owner agrees to set-aside a portion of the units in an existing development. PHAs refer families, who have already applied to a PHA for housing choice vouchers and are on the PHA's waiting list, to properties that have project-based voucher assistance when units become vacant. The PHA pays the owner the difference between 30 percent of family income and the gross rent for the unit.

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