The Housing Authority of DeKalb County (HADC) has two types of Project-Based Voucher assistance, including Housing Choice Voucher (HCV) Project-Based Vouchers (PBV) and Rental Assistance Demonstration (RAD) Vouchers. The RAD Project-Based Vouchers are funded through public housing conversions.
HADC currently maintains PBV Housing Assistance Payment (HAP) Contracts with 14 different communities in DeKalb County.
Key features of the program:
- A Public Housing Agency (PHA) may enter into a HAP contract with an owner for an initial term of up to 15 years and an extension of the initial term of up to 15 years at the time of initial HAP contract execution or any time before the expiration of the contract. The Housing Authority must determine whether such an extension is appropriate to continue providing affordable housing for low-income families. Both the initial contract term and any contract extension are subject to the availability of appropriated funds.
- Except for units designated for families that are elderly, disabled, and/or receiving supportive services, no more than 25 percent of units in a multifamily project may have Project-Based Voucher (PBV) assistance.
Link to www.hud.gov for more information about the Housing Choice Voucher Program.