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Home Investment Partnerships Program Eligibility: States, cities, urban counties and consortia (contiguous units of general local governments with a binding agreement) are eligible to receive formula allocations; Indian tribes are eligible to receive competitive grants. Benefits: To expand the supply of decent and affordable housing, particularly rental housing, for low- and very-low-income Americans; to strengthen the abilities of state and local governments to design and implement strategies for achieving adequate supplies of decent, affordable housing; to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of affordable housing. Nature of Program: For use by participating jurisdictions or Indian tribes tenant-based assistance programs. Ten percent of a participating jurisdiction's allocation may be used for administrative costs. Funds may not be used for public housing modernization, matching funds for other federal programs, operating subsidies for rental housing, Annual Contributions Contracts, or activities under the Low Income Housing Preservation Act. Contact: Participating Jurisdiction (PJ's): John Marshall Tom Aplin, City of Lawton Rich Brierre, Tulsa Consortium Linda Price, City of Norman Headquarters Office: (Section 8) This program is similar to the New Construction Section 8 program except that it is provided only to existing projects with HUD mortgage insurance and frequently covers only a portion of the units in a project. Often there are other forms of subsidy in the same project. This program is active only for units already under contract. Contacts: U.S. Dept. of Housing and Urban Development and Headquarters Office: New Construction/Substantial Rehabilitation - (Section 8) Eligibility: The Section 8 program is active for projects under contract, but funding for development of new construction projects or for new contracts for substantial rehabilitation projects is no longer available. Benefits: To aid very-low-income families in obtaining decent, safe and sanitary rental housing. Very-low-income families (whose incomes does not exceed 50% of the median income for the area as determined by the Secretary of HUD with adjustments for smaller and larger families) and, on an exception basis, lower-income families (whose income does not exceed 80% of the median income for the area adjusted for small and large families). A very-low-income or, on an exception basis, lower-income single person who is elderly, disabled or handicapped, displaced, or the remaining member of an eligible tenant family is also eligible. Nature of Program: Provides housing assistance payments to participating owners on behalf of eligible tenants to provide decent, safe and sanitary housing for very-low-income families at rents they can afford. Housing assistance payments are used to make up the difference between the approved rent due to the owner for the dwelling unit and the occupant family's required contribution towards rent. Assisted families must pay the higher of 30% of their monthly adjusted family income, 10% of gross family income, or the portion of welfare assistance designated for housing toward rent. Contact: U.S. Dept. of Housing and Urban Development Multifamily Housing Division Headquarters Office:
Rental Voucher Program Eligibility: Applicants are limited to Public Housing Agencies. A public housing agency (PHA) is defined as any state, county, municipality or other governmental entity or public body which is authorized to engage in or assist in the development or operation of housing for very-low-income families. Benefits: To aid very-low-income families in obtaining decent, safe and sanitary rental housing. Very-low-income families (whose income does not exceed 50 percent of the median income for the area as determined by the Secretary of Housing and Urban Development with adjustments for smaller and larger families) and, on an exception basis, lower-income families (whose income does not exceed 80 percent of the median income for the area, adjusted for smaller and larger families) benefit from this program. Nature of Program: Provides housing assistance payments to participating owners on behalf of eligible tenants to provide decent, safe and sanitary housing for very-low-income families at rents they can afford. Housing assistance payments are generally the difference between the local payment standard and 30 percent of the family's adjusted income. The family has to pay at least 10 percent of gross monthly income for rent. Contact: U.S. Dept. of Housing and Urban Development Public Housing Division and Headquarters Office: and Eligibility: To be eligible to participate in the rental assistance program, borrowers must have an eligible project. All projects must convert to Interest Credit Plan II before they are eligible, except direct Rural Rental Housing (RRH) and insured RRH loans approved prior to August 1, 1968, and Farm Labor Housing (LH) loans and grants. For a borrower to have an eligible project, the loan must be an RRH insured or direct loan made to a broad-based nonprofit organization, or state or local agency or; an RRH insured loan made to an individual or organization who has or will agree to operate the housing on a limited profit basis as defined in 7 Code of Federal Regulations (CFR) 1944.215(1) or; an Rural Cooperative Housing (RCH) insured or direct loan or; an LH loan, or an LH loan and grant combination made to a broad-based nonprofit organization or nonprofit organization of farm workers or a state or local public agency. New construction and/or rehabilitation projects, utilizing the Section 8 program from HUD will not be considered eligible projects, although it may be used for eligible families in existing projects utilizing Section 8 for part of the units. Benefits: To reduce the tenant contribution paid by low-income families occupying eligible RRH, RCH, and LH projects financed by the Farmers Home Administration through its Sections 515, 514 and 516 loans and grants. Any very-low- and low-income family, handicapped or senior citizen that is unable to pay the approved rental rate for an eligible Rural Development (RD) rental assistance unit within 30% of their adjusted monthly income and whose adjusted income does not exceed the limit established for the state as indicated in Exhibit C to Part 1944, Subpart A (7 CFR) will benefit from this program. Nature of Program: Rental assistance may be used to reduce the rents paid by low-income senior citizens or families and domestic farm laborers and families whose rents exceed 30 percent of an adjusted annual income which does not exceed the limit established for the state as indicated in 7 CFR Exhibit C to Part 1944, Subpart A (RD Instruction 1944-A, Exhibit C). Tenants who may be eligible must occupy units in eligible RRH, RCH and LH projects financed by RD. Contact: Regional or Local Office: Consult your local telephone directory for the Rural Development county or district office number. Headquarters Office: Housing Resource Guide | Housing Development | HOME Program | Home |