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. 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.
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. ('504-complaint' means that they are compliant with Section 504 of the Rehabilitation Act of 1973). The Office of Housing reserves the right to not award PBV. Proposals will be reviewed on a first-come, first-served basis.