RAD PIH Notice 2012-32 (.pdf, 1 MB) - National Low Income ...

Section II: Moderate Rehabilitation ProjectsFor retroactive conversions, the request can only be made to the PHA that serves as theadministrator of the EVs. The RAD statue requires the consent of the ―administeringPHA.‖ If the actively-administering PHA does not consent to the long-term conversion ofthe contract to PBV assistance, HUD would have no legal basis to transfer the voucherassistance provided on behalf of the residents of the Mod Rehab project to another PHA.The owner is advised that early planning is critical to reduce any delays in the execution of thePBV HAP contract and gaps in rental assistance payments.2.3.2 EligibilityOwners of Mod Rehab projects may submit a request to convert EVs to PBVs under this Sectionof the Notice if all eligibility requirements described below are met.A. Eligible Owners. Owners must be in good standing with HUD and the PHA. The ownermust have a history of compliance with program and contractual requirements, includingmaintaining units in a decent, safe, and sanitary manner. If the request for attachment ofPBVs is in the context of an acquisition, the administering PHA must consent to theassignment of the contract in accordance with the provisions of the Mod Rehab HAPcontract. The purchaser must provide evidence of successful experience owning andoperating HUD or other affordable multifamily housing properties.B. Eligible Properties. For prospective conversions, eligible properties are multifamilyhousing projects assisted under a Section 8 Mod Rehab HAP contract (excluding Section8 Mod Rehab SROs authorized by title IV of the McKinney-Vento Homeless AssistanceAct) that are subject to a one-year renewal that has not yet expired, but will expire priorto September 30, 2013. For retroactive conversions, eligible properties are those wherethe Mod Rehab HAP contract or one-year Mod Rehab renewal contract expired onOctober 1, 2006 or later, provided that households residing in units covered by the ModRehab HAP contract were issued EVs and are still in occupancy at the time of theowner’s request.Properties that were previously assisted under the Mod Rehab program where the HAPcontract has been terminated by the administering PHA due to non-compliance areineligible to participate under this Notice.C. Eligible Units. For prospective conversions, eligible units are those on the Mod Rehabcontract that are occupied at contract expiration or were occupied at some point 24months prior to HAP contract expiration or termination. For retroactive conversions,eligible units include those units occupied at the time of the RAD conversion byhouseholds that received EV assistance as a result of the Mod Rehab contract expiration.PIH-2012-32 (HA) Rental Assistance Demonstration – Final Implementation 105