HUD publishes guide comparing PBV and PBRA conversions
Today on the Rental Assistance Demonstration (RAD) website, HUD posted a guide to choosing between project-based vouchers (PBV) and project-based rental assistance (PBRA) for RAD conversions.
The seven-page comparison guide was published by the Office of Multifamily Housing and the Office of Public and Indian Housing (PIH). According to the guide’s introduction:
Under the Rental Assistance Demonstration (RAD) program, a public housing authority (PHA) may convert assistance under the public housing program to long-term, project-based Section 8 assistance. A PHA must choose between two forms of project-based Section 8 assistance: project-based vouchers (PBVs) and project-based rental assistance (PBRA). To assist PHAs in making this decision, this guide compares key requirements between these two forms of project-based Section 8 assistance.
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