PBV Agreement to Enter into Housing Assistance Payments - HUD 2025

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The Project-Based Voucher (PBV) Program offers rental housing options at specific housing locations. Assistance is attached to particular rental units, meaning if you live in a rental unit under the PBV Program and move, the assistance stays with the unit.
The Project Based Vouchers (PBV) Program is designed to provideassistance to individuals and families residing in designated apartment buildings that meet specific criteria. This program ties a voucher to a particular unit within a specific property.
HUD sets the lower income limits at 80% and very low-income limits at 50% of the median income for the county or metropolitan area in which you choose to live. Income limits vary from area to area so you may be eligible at one HA but not at another.
AHAP Contract means an Agreement to Enter into Housing Assistance Payments Contract entered into by and between Developer and the Housing Authority of the County of Orange. Sample 1.
The purpose of this Contract is to provide project rental assistance payments on behalf of Eligible Families leasing decent, safe and sanitary units from the Owner.
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The Housing Assistance Payment (HAP) contract is the contractual agreement between the PHA and the owner of a unit occupied by a Housing Choice Voucher (HCV) program participant.
AHAP CONTRACT The AHAP (Agreement to Enter Into Housing Assistance Payments) contract MUST be executed before any demolition and/or construction can begin on a project. The awarded PBVs will be withdrawn should either demolition or construction begin prior to issuance of the AHAP.

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