Project-Based Rental Assistance

Project-based rental assistance provides critical affordable housing stock to low-income families across the country. This type of rental assistance allows tenants to live in an affordable unit and pay rent based upon their income. Project-based rental assistance, such as project-based Section 8 rental assistance, can be paired with units in HUD multifamily mortgage programs to provide a deeper level of affordability. With project-based rental assistance, a private for-profit or non-profit owner enters into a contract with HUD to provide affordable units.

Project-based assistance is tied to particular units, and does not travel with individual tenants. This means that project-based rental resistance can be a source of long-term affordability if preserved. Therefore, advocacy to preserve units with project-based rental assistance is crucial. This is particularly true in rapidly gentrifying areas, where the loss of project-based rental assistance would likely result in the displacement of low-income families.

Links

Statutory and Regulatory Authority

  • Statutes
    • Section 8 of United States Housing Act of 1937
      • 42 U.S.C.A. § 1437f
  • Regulations
    • 24 C.F.R. Parts 880, 881, 883, 884, & 886; 24 C.F.R. Part 247 (evictions)

Outline

Trainings and Webinars