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AGENDA PACKET_2021-11-02
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AGENDA PACKET_2021-11-02
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EXHIBIT 2 <br />5 <br />TPVs must only be used by the family impacted by the conversion action as described in <br />5 <br />Section6 ofPIH2018-09. <br />b.Funding.Asnotedabove,the2021Actprovides$116millionforTPVs. <br />c.Continued Applicability of PIH Notice 2018-09. Except as specifically revised in <br />Section6aand6dofthisnotice,theprogrammaticandpolicyguidanceinSection6of <br />PIH Notice 2018-09, Implementation of the Federal Fiscal Year (FFY) 2018 Funding <br />ProvisionsfortheHousingChoiceVoucherProgram,continuestoapplytoTPVs. <br />d.Eligibility for Replacement TPVs (Vacant Units) <br />in PIH 2018-09, was to provide replacement TPVs only for occupied units. This policy <br />was revised in the FY 2019 HCV Funding Notice and continues to apply under this <br />notice, so that, in addition to providing replacement TPVs for occupied units, HUD will <br />also provide replacement TPVs for vacant units that were occupied by an assisted family <br />within the previous 24 months that are no longer available as assisted housing, subject to <br />theavailabilityoffunding.Theexamplesbelowexplainhowthis policywill work: <br />i.For Public Housing Actions, vacant units that were occupied by an assisted family <br />withintheprevious24monthsfromthetimeoftheSpecialApplicationCenter(SAC) <br />approval or the Choice Neighborhoods Initiative (CNI) award date. For example: on <br />February 1, 2021, PHA A was approved for demolition/disposition of 25 public <br />housing units. Of 25 units in property A, 5 of those units were last occupied on <br />February 1, 2019. The remainder of the units continue to be occupied. Replacement <br />TPV funding may be provided for all 25 units (vacant and occupied) because the 5 <br />vacantunitswerelastoccupiedlessthan24monthsfromtheSACapproval. <br />ii.For Multifamily Housing Actions, vacant units that were occupied within the <br />previous 24 months from the eligibility event. For example: on February 1, 2021, the <br />prepayment of a section 236 mortgage in property A triggered eligibility for TPVs. <br />Of 25 units in property A, 5 were last occupied on February 1, 2019. The remainder <br />of the units continue to be occupied. Replacement TPV funding may be provided for <br />all 25 units (vacant and occupied) because the 5 vacant units were last occupied <br />within24 months from theeligibility event. <br />e.TPV Set-Aside. The 2021 Act provides that at least $5,000,000of the $116 million <br />appropriated for TPVs may be set-aside to provide TPVs to certain at-risk households in <br />low-vacancy areas. On February 15, 2019, HUD issuedPIH Notice 2019-01/H-2019-02, <br />FundingAvailabilityforSet-AsideTenantProtectionVouchers.HUDhasdeterminedthat <br />the continued use of this notice is fully consistent with congressional directives on this <br />subject. <br />5 <br />neverincludevouchersforvacantunits.ForinformationonreplacementandrelocationTPVallocations,seeSection <br />6 ofPIH 2018-09. <br /> <br />
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