HCV TPV Funding Awards for FY 2017 Posted
Earlier today, HUD posted a pre-publication copy of a notice titled “Announcement of Tenant Protection Voucher Funding Awards for Fiscal Year 2017 for the Housing Choice Voucher Program” in the Federal Register. The notice notifies the public of Tenant Protection Voucher (TPV) funding awards for Fiscal Year (FY) 2017 for the Housing Choice Voucher (HCV) program.
The recipients of these funds were awarded their vouchers on a as-needed, non-competitive basis. The awards published in the notice were provided to do the following:
- Assist families in HUD-owned properties that are being sold;
- Assist families affected by the expiration or termination of their Section 9 Project-based and Moderate Rehabilitation contracts;
- Assist families in properties where the owner has prepaid the HUD mortgage;
- Assist families in projects where the Rental Supplement and the Rental Assistance Payments contracts are expired (RAD – Second Component);
- Provide relocation housing assistance in connection with the demolition of public housing;
- Assist individuals affected by the expiration or termination of their Section 8 single room occupancy (SRO) contracts;
- Assist families in public housing developments that are scheduled for demolition in connection with a HUD-approved HOPE VI revitalization or demolition grant; and
- Assist families consistent with PIH Notice 2016-12 titled “Funding Availability for Tenant Protection Voucher for Certain At-Risk Households in Low Vacancy Areas-Fiscal Year 2016.”
HUD awarded 9,218 housing choice vouchers ($94,468,761 in new budget authority) in the above categories. A special administrative fee of $200 per occupied unit was provided to PHAs to compensate for any extraordinary HCV administrative costs associated with Multifamily Housing conversion actions.
The pre-publication version of the notice can be found here.