Homeless Response Initiative: Policy for allocating Section 8 Project-Based Vouchers (PBVs)
Vermont State Housing Authority is pleased to announce that we are accepting applications for Project-Based Vouchers.
Given VSHA’s limited statutory limitation to project-base additional vouchers, combined with the overarching need to urgently leverage affordable housing for homeless households, VSHA will target 100 Project-Based Vouchers to projects / units meeting the following criteria:
· Proposals that were previously selected based on a competition. This may include selection of a proposal for housing assisted under a federal, state, or local government housing assistance program that was subject to a competition in accordance with the requirements of the applicable program, community development program, or supportive services program that requires competitive selection of proposals (e.g., HOME, and units for which competitively awarded LIHTCs have been provided), where the proposal has been selected in accordance with such program’s competitive selection requirements within three years of the PBV proposal selection date, and the earlier competitive selection proposal did not involve any consideration that the project would receive PBV assistance; and
- Proposals that designate at least 25% of the total affordable housing units within the project to house individuals and families that meet the definition of homeless under section 103 of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11302). Sponsors must demonstrate operational and financial need for level of subsidy proposed, as determined during financial underwriting of the project by the Vermont Housing and Conservation Board or the Vermont Housing Finance Agency.
- Applicant must demonstrate that they have approached the local PHA, if one exists, with a request for PBVs and the local PHA is not able to make an award.
- Proposals for existing housing units that demonstrate units will be available for occupancy within 6 months will be considered.
- Applicant must demonstrate a relationship with local service providers and the continuum of care through an executed MOU illustrating a commitment(s) to, a) participate in the coordinated entry process and, b) provide supportive services for the term of the Housing Assistance Payments contract. [note: the term of the contract can be 1-5 years]
- Subject to funding availability.
Interested applicants must submit the Application for Section 8 Project-Based Vouchers dated 9/29/21. See link below:
Questions should be directed to Kathleen Berk, Executive Director, by email at gro.ahsvnull@neelhtak
Adopted by the VSHA Board of Commissioners 9/29/21