Specifications include, but are not limited to: The Great Falls Housing Authority is seeking owners interested in Project basing existing housing units that are of high quality and that provide access to transportation, health services, schools and other supportive services. The required area for Project-Based Voucher units within the City of Great Falls, Montana. The statutory goal of Project basing units is to deconcentrate poverty and expand housing and economic opportunities for lowincome families. Preference will be given to recipients who will provide permanent supportive housing and recipients of Low-Income Housing Tax Credits (LIHTC) within the last three (3) years.; Under the PBV program, the Great Falls Housing Authority enters into a Project-Based Voucher Housing Assistance contract with the owner for specified rental units for a specified term (one to twenty years) subject to funding availability. Assistance or subsidy can be provided to existing tenants as long as the existing family is income-eligible and the units meet other program requirements, like Housing Quality Standards (HQS). To fill any vacant project-based units, the Great Falls Housing Authority will establish and manage a separate project-specific waiting list for each PBV development selected that will be maintained by the Great Falls Housing Authority (GFHA). The GFHA maintains subsidy standards to determine the appropriate unit size for the family composition, and all families must come from the Great Falls Housing Authority waiting list unless they are eligible low-income in-place tenants.
