Section 70. Allocation and administration of §8 certificates and vouchers

A. Allocation of rental assistance. Annually the authority will determine how many housing vouchers or certificates will be needed for in-place tenants who will require assistance for the next calendar year based upon an assessment of all pending rental rehabilitation program projects. This information along with an estimate of the grantee's turnover will be used to determine the minimum allocation of housing vouchers and certificates to be made to grantees under the VHDA Section 8 rental assistance program. The authority will then allocate at least the minimum allocation of housing vouchers and certificates to the grantees pending their availability from HUD. Those grantees who participate directly with HUD in the Section 8 program will receive their housing vouchers and certificates directly from HUD.

B. Administration of rental assistance. The authority will enter into Annual Contributions Contracts with HUD to administer contract authority for Section 8 certificates or vouchers allocated to Virginia for use in the Virginia Rental Rehabilitation Program. The authority will administer such contract authority in accordance with the applicable rules and regulations of the authority.

Historical Notes

Derived from VR400-02-0008 § 7, eff. December 18, 1984; amended, Volume 04, Issue 21, eff. June 21, 1988; Volume 05, Issue 21, eff. July 1, 1989; Volume 07, Issue 25, eff. August 20, 1991.

Statutory Authority

§ 36-55.30:3 of the Code of Virginia.