SLIDE 7 Pr Project
based Pr Project
based
Comparison of Three Main Comparison of Three Main HUD HUD Rental Assistance Pr ntal Assistance Programs, cont.
Public Housing Public Housing Pr Project
based Sectio Section 8 n 8 Pr Project
based Vo Vouchers Rental assistan ental assistance ce contrac contract ma may y be be transf transferre erred a away fr from poorly
per perform
ng pr proper
ties A t t f t l i t t t b t f d t A contract for rental assistance at one property can be transferred to another or others, in whole or in part to help residents access better properties.
no with difficulty yes
Form of rm of rental assistance rental assistance allo allows o ws owners’ ability ners’ ability to acq acquire ire de development capacity lopment capacity Owners gain skills needed to improve properties/integrate existing and future stock into affordable housing marketplace.
largely no generally yes yes
Subsidy Subsidy stream stream ma may be bo y be both t th tenant enant-based and pr
- based and project-based, giving
- ject-based, giving
fle flexibility ibility to o
ners s and t and tenants enants Subsidy is flexible to suit current and future needs of various residents and locations; residents may move without losing subsidy.
no no yes
Subsid Subsidy stream f stream facilitat cilitates local s local plannin lanning and housin and housing/ g/ser service ice y p y p g g/ par partnerships nerships Rental assistance may be attached to special needs housing, transitional housing, permanently affordable housing in gentrifying areas, units made available through inclusionary zoning, units in
no no yes
a eas, u ts ade a a ab e t
c us o a y o g, u ts TODs, etc. Eligible f Eligible families can access pu milies can access public benef blic benefit via public agency it via public agency The owner or rental assistance administrator is a public entity.
yes no yes
