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EXHIBIT 2 <br />23 <br />C.Category 3 -PBVs: To be eligible for funding under this category, a PHA must show that <br />vouchers were withheld from use during the CY 2020 re-benchmarking periodto be <br />available to meet a commitment for PBV assistance under Section 8(o)(13) of the Act. <br />Adjustments only apply to vouchers withheld pursuant to a PBV Agreement to Enter into <br />a Housing Assistance Payments Contract (AHAP) for newly constructed or rehabilitated <br />housing. Adjustments do not apply to existing housing, as there is no waiting period for <br />existing housing PBV commitments and accordingly, there is no need to withhold <br />vouchers for such commitments. Adjustments will not be made under any circumstances <br />forunitsunderanAHAPcommitmentthat,whenaddedtounitsunderleaseforCY2020, <br />been able to lease those withheld vouchers during CY 2021 due to the restriction on over- <br />leasing.) <br />MainstreamVouchersarenoteligibleforset-asidefundsunder category3-PBVs. <br />The 2021 Act provides that in addition to vouchers that were not in use during the <br />previous 12-month period in order to be available to meet a PBV commitment, an <br />previous calendar year for a MTW-eligible activity to develop affordable housing for an <br />agency added to the MTW demonstration under the expansion authority provided in <br />section239 of the Transportation, Housing and Urban Development, and Related <br />Agencies Appropriations Act, 2016 (division L of Public Law 114 <br />because the first PHAs selected for the MTW expansion under the 2016 Act did not <br />formally join the MTW demonstration until CY 2021, no such MTW-eligible activity <br />funding obligation could have been made in CY 2020. Consequently, this expansion <br />MTW PHA adjustment will not factor into the FY 2021 HAP renewal set-aside funding <br />award process. It is anticipated that this category will be available in CY 2022, subject to <br />appropriations.Additional informationwill beprovidedat alaterdate. <br />SUBMISSION:PHAsaretosubmitthedocumentsbelowasfollows: <br />1.AHAP:ForeachPBVcommitmentforwhicha requestisbeingmadeunderthis <br />category, the PHA must provide, fromPart 1 of the executed Agreement to <br />Enter into a HAP Contract (AHAP) for New Constructions/Rehabilitation, <br />thefollowing: <br />a.The page which identifies the parties to the AHAP (both the Housing <br />Authorityand theowner); <br />b.Identificationoftheproject; <br />c.Section1.1Awhichidentifiestheeffectivedateof theagreement; <br />d.Section1.1Bwhichidentifiesthedateofthecommencementofthe work; <br />e.Section1.1Cwhichidentifiesthetimeforcompletionofthework; <br />f.Exhibit C which identifies the units by size and applicable initial contract <br />rentsfortheunits to beproject-based; <br />g.If the project is to be completed in stages: Exhibit E that identifies the <br />schedule of completion of stages (if applicable). (This exhibitshall identify <br />theunits in each stage.);and <br /> <br />