On February 9, 2022, HUD held a Webinar on how Public Housing Agencies (PHAs) can further affordable homeownership in their communities through federal housing programs and assistance. The video and presentation materials can be viewed here.
HUD has made various strategies available to public housing agencies (PHAs) to reposition public housing developments. These strategies may enable PHAs to provide thousands of families across the country with better-maintained units while creating opportunities to leverage public and private resources, easing administration, and preserving affordable housing. Repositioning moves families from a public housing platform to other forms of HUD rental assistance, such as Housing Choice Vouchers (HCV), Project-Based Vouchers (PBV), or project-based rental assistance (PBRA). This change can help PHAs preserve affordable housing units, address rehabilitation and physical needs, and place properties on a more stable financial foundation. The Department’s repositioning efforts provide communities with additional flexibilities to better meet local needs and funding options to achieve long-term viability for their affordable housing.
Your local field office can help you think through options that could benefit your community and provide additional resources. Click here to find your nearest office.