The Enterprise Housing Authority Project-Based Voucher (PBV) Program encourages property owners to make rental housing available to low-income families at rents within Section 8 Fair Market Rents. Project-Based Vouchers (PBVs) are vouchers from the regular tenant-based Section 8 Housing Choice Voucher (HCV) Program, which the EHA dedicates to specific units in development. The EHA is particularly interested in using the PBV Program to provide incentives, with up to seventy-five (75) vouchers, for the new construction of rental housing to serve low-income families. As such, EHA will accept applications for the Section 8 PBV Program from property owners and developers constructing new housing. The EHA is particularly interested in developers with previous Public Housing Disposition, Low Income Housing Tax Credit, Mixed Financing, and Alabama Housing Finance Agency Programs. Other possible projects could include the preservation of expiring use projects, or acquisition/renovation of existing properties.
