Loudoun County Department of Housing & Community Development Seeks Proposals from Rental Property Owners for Project-Based Vouchers

 

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The Loudoun County Department of Housing & Community Development (DHCD) is accepting proposals from December 8, 2022, through January 23, 2023, from the owners of rental properties in Loudoun County to contract with the County for Project-Based Vouchers (PBV).

DHCD is responsible for determining the amount of budget authority that is available for a project and ensuring that the amount of assistance that is attached to units is within the amounts available under the Annual Contributions Contract (ACC) [24 CFR 983.6]. DHCD will award no more than 10 units per contract and no more than 20 percent of its budget authority to rental property-owners for project-based assistance. If approved, PBV assistance will be attached to newly constructed and/or rehabilitated rental housing [24 CFR 983.52].

PBV will be awarded to the owners of affordable rental housing which provide additional special housing needs such as fully accessible, 504 compliant housing units, and/or studio and one-bedroom units, as well as others based on an owner’s experience and capability to manage, build, or rehabilitate housing as identified in the proposal. DHCD reserves the right to not award PBV. Proposals will be reviewed on a first-come, first-served basis. The request for proposals, proposal submission requirements, and rating/ranking procedures are posted at www.loudoun.gov/pbv .

For more information about the proposal review process and application procedures, visit www.loudoun.gov/pbv or contact Tandi Butler at (703) 771-5204 or tandi.butler@loudoun.gov.