Government Contract | California
PROJECT BASED VOUCHER (PBV) NOTICE OF FUNDING AVAILABILITY (NOFA)

Bid Information


Bid Alert No: 00000558452

Bid Title: PROJECT BASED VOUCHER (PBV) NOTICE OF FUNDING AVAILABILITY (NOFA)

Agency Bid No. Title: HA-2016-40

Received Date: 05/03/2016

Close Date: 05/25/2016

Purchase Type: 15 Years

Delivery Point: Los Angeles, California

Delivery Date: Not Stated

Special Notices: Pre-Bid Conference 05/10/2016 01:30 PM, Questions Due By 05/12/2016 05:00 PM, Bidder Preregistration

Specifications

Specifications include, but are not limited to:Rental assistance (which is based on each familys or individuals income) is provided while the units are occupied by eligible families or individuals. An eligible family or individual must meet HUD-established Very Low Income (50% of Area Median Income) Limits (additional income limits may apply for tax credit properties). In addition, 40% of units receiving PBVs must be reserved for families and individuals at the extremely low income limits (30% of Area Median Income). Projects applying for VHHP funds must restrict occupancy for at least 45% of assisted units to the extremely low income limits. A family or individual that resides in a project-based unit for at least one year may move with continued rental assistance to the tenant-based Section 8 Program, if there is available funding in that program. The Project-Based unit the family or individual vacated must be rented to an eligible family or individual from the appropriate coordinated assessment system available in the community.

Product Code: 95200

Agency Information


Issuing Agency: Los Angeles City Housing Authority

State: California

Agency Type: State and Local

Contact: 2600 Wilshire Blvd., Los Angeles, California, 90057

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