Loudoun County Office of Housing Seeks Proposals from Rental Property Owners for Project-Based Vouchers

The Loudoun County Office of Housing is accepting proposals from November 12, 2021, through December 13, 2021, from the owners of rental property to contract with the County for Project-Based Vouchers (PBV). The Office of Housing is responsible for determining the amount of budget authority that is available for a project and ensuring that the amount of assistance that is attached to units is within the amounts available under the Annual Contributions Contract (ACC) [24 CFR 983.6]. The Office of Housing will award no more than 10 units per contract and no more than 20 percent of its budget authority, to rental property-owners for project-based assistance. PBV assistance will be attached to newly constructed and/or rehabilitated rental housing [24 CFR 983.52]. PBV will be awarded to the owners of affordable rental housing which provide special housing needs such as fully accessible, 504 compliant housing units and/or studio and one-bedroom units and based on owner experience and capability to manage, build or rehabilitate housing as identified in the proposal. The Office of Housing reserves the right to not award PBV. Proposals will be reviewed on a first-come, first-served basis. For more information about the proposal review process and application procedures, visit www.loudoun.gov/pbv or contact Tandi Butler at (703) 771-5204 or tandi.butler@loudoun.gov.