Annual Performance Plan 508
Annual Performance Plan 508
Annual Performance Plan 508
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MEASURING OUR PROGRESS<br />
To help achieve this objective, HUD has established the following performance indicators:<br />
Fiscal Year 2014–2015 Agency Priority Goal:<br />
Preserve and expand affordable rental housing through HUD rental housing programs.<br />
Number of households served through HUD rental assistance (key indicator)<br />
FY12<br />
Actual<br />
FY13<br />
Actual<br />
FY14<br />
Actual<br />
FY14<br />
Target<br />
FY15<br />
Target<br />
FY16<br />
Target<br />
5,447,499 5,475,004 5,511,132 5,523,649 5,611,065 5,624,894 22<br />
Number of units converted using the Rental Assistance Demonstration (RAD): First Component<br />
(supporting indicator)<br />
The first component of the Rental Assistance Demonstration allows projects funded under the public<br />
housing and Section 8 Moderate Rehabilitation (Mod Rehab) programs to convert their assistance<br />
to long-term, project-based Section 8 rental assistance contracts. HUD is exercising its discretion to<br />
prioritize public housing conversions under the competitive requirements of this component. The<br />
demand for public housing conversions is extremely high and significantly exceeded the initial limitation<br />
on the number of units that could be converted under the First Component. In addition, unlike Mod<br />
Rehab conversions, there is no Second Component option available for public housing projects.<br />
Consequently, Mod Rehab conversions will now be processed exclusively under the Second Component<br />
of RAD, which is non-competitive. Any existing Mod Rehab projects being processed under the First<br />
Component are grandfathered under provisions of Revision 1 of this Notice or have the option to switch<br />
to a conversion under the Second Component. Public housing agencies (PHAs) may choose between<br />
two forms of Section 8 Housing Assistance Payment (HAP) contracts: project-based vouchers (PBVs) or<br />
project-based rental assistance (PBRA). Targets are cumulative.<br />
FY12<br />
Actual<br />
FY13<br />
Actual<br />
FY14<br />
Actual<br />
FY14<br />
Target<br />
FY15<br />
Target<br />
FY16<br />
Target<br />
NA 23 30 6,167 15,000 36,000 100,000 24<br />
Number of units converted using the Rental Assistance Demonstration (RAD): Second<br />
Component (supporting indicator)<br />
The second component of the Rental Assistance Demonstration allows owners of projects funded under<br />
the Rent Supplement (Rent Supp), Rental Assistance Payment (RAP), and Mod Rehab programs to<br />
convert tenant protection vouchers (TPVs) to project-based vouchers (PBVs) or project-based rental<br />
assistance (PBRA). Targets are cumulative.<br />
FY12<br />
Actual<br />
FY13<br />
Actual<br />
FY14<br />
Actual<br />
FY14<br />
Target<br />
FY15<br />
Target<br />
FY16<br />
Target<br />
NA 25 4,789 7,511 5,161 11,950 17,900<br />
22<br />
Many program offices are still developing FY 2016 targets.<br />
23<br />
This metric was first reported in FY 2013.<br />
24<br />
Targets were revised upwards in response to Congressional action raising the cap on conversions.<br />
25<br />
This metric was first reported in FY 2013.<br />
50 Strategic Goal: Meet the Need for Quality Affordable Rental Homes
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