Government Contract | California
PROJECT-BASED VOUCHER (PBV) Notice of Funding Availability

Bid Information

Bid Alert No: 00000591533

Bid Title: PROJECT-BASED VOUCHER (PBV) Notice of Funding Availability

Agency Bid No. Title: HA-2016-104

Received Date: 06/06/2016

Close Date: 06/28/2016

Purchase Type: 15 year contract

Delivery Point:

Delivery Date: Not Stated

Special Notices: Pre-Bid Conference Optional 06/10/2016 10:00 AM, Questions Due By 06/14/2016 10:00 AM


Specifications include, but are not limited to:Project Based Voucher ProgramRental assistance (which is based on each familys or individuals income) isprovided while the units are occupied by eligible families or individuals. An eligiblefamily or individual must meet HUD-established Very Low Income (50% of AreaMedian Income) Limits (additional income limits may apply for tax creditproperties). In addition, 40% of units receiving PBVs must be reserved for familiesand individuals at the extremely low income limits (30% of Area Median Income).Families and Individuals who are other low-income families (income at or below80% of AMI) and are continuously assisted under the 1937 Housing Act that meetadditional criteria specified in the Admin Plan (Admin Plan), are eligible fortenancy in a PBV unit. A family or individual that resides in a project-based unitfor at least one year may move with continued rental assistance to the tenantbasedSection 8 Program, if there is available funding in that program. The ProjectBasedunit the family or individual vacated must be rented to an eligible family orindividual from a HACLA administered site based waitlist. Referrals will beaccepted from a centralized waitlist for creation of the initial site based waitlist.Under the PBV Program, selected projects cannot begin construction orrehabilitation until all post-selection requirements such as Subsidy LayeringReview by HUD are met and the Housing Authority and the developer(s) haveexecuted an Agreement to Enter into Housing Assistance Payments Contract(AHAP), as attached in this NOFA. The AHAP stipulates the conditions underwhich the developer agrees to construct or rehabilitate the units to be subsidizedand the HACLA agrees to subsidize the units upon satisfactory completion ofconstruction or rehabilitation. As attached in the electronic application, the HACLAwill execute a Section 8 Housing Assistance Payments (HAP) Contract with theproject owner after construction or rehabilitation is completed, a Certificate ofOccupancy has been issued and all units pass HUD-established Housing QualityStandards. The HAP Contract is executed for the specified units for a term of 15years and establishes the initial rents for the units and describes theresponsibilities of the HACLA and the developer

Bid Related Documents

Download Document

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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