Specifications include, but are not limited to: HAWS’s intention is for this solicitation to help maximize the supply of affordable housing in Winston- Salem/Forsyth County. HAWS will provide Project-Based Vouchers (PBV) for selected newly constructed housing developments willing to designate a portion of their units to the creation of new housing units. HAWS will award a maximum of 300 PBVs. These PBVs may be awarded to more than one awardee if there are multiple approved submissions. There is no minimum award size. HAWS may choose to award fewer than 300 PBVs. a. In accordance with the PBV Program regulations, 24 CFR Section 983.56 (b), HAWS will enter into a Housing Assistance Payments (HAP) Contract (Attachments) with selected property owner(s) for designated rental units. The HAP contract establishes the initial rents for the units and describes the responsibilities of HAWS and the owner. HAWS will pay rental assistance (based on each household’s income) to the owner of rental units that meet PBV program standards and are occupied by eligible families. The initial term of the HAP contract will be 15 years. HAP contract renewal after the initial term may occur at the sole option of HAWS for a period of not more than 15 years (as HAWS determines appropriate), to expand housing opportunities and to achieve long-term affordability of assisted housing. All HAP contracts and subsequent renewals (if any) are contingent upon the future availability of appropriated HUD funds for the HAWS Housing Choice Voucher Program. b. HAWS will consider Newly Constructed units which are units that do not exist on the proposal selection date and are developed after the date of selection for use under the PBV program for their proposal per an agreement between the owner and HAWS, for use under the PBV program. Newly Constructed units are limited to new, ground-up construction and/or existing structures renovated to serve target populations. HAWS will enter into an “Agreement to Enter into a Housing Assistance Payment (AHAP) Contract”, after proposal selection and all required documents have been accepted and approved by HUD such as the Subsidy layering review, environmental review and site selection plan.
