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Section 537
of the Quality Housing and Work Responsibility Act of 1998 (QHWRA) (Title V of
P.L. 105-276) added a new Section 33 to the United States Housing Act of 1937
(42 U.S.C. 1437z-5). In addition, Section 533 of QHWRA amended Section 22 of the
1937 Act. Section 33 of the Act governs the required conversion
of developments from the public housing stock and Section 22 of the Act governs
voluntary conversions. QHWRA also repealed the Section
202 mandatory conversion program. The term conversions in this context means
the removal of public housing units from the inventory of a Public Housing Agency,
and the provision of tenant-based, or project-based assistance for the residents
of the public housing being removed. Separate final rules implementing
Section
537 of QHWRA covering required conversion and Section
533 of QHWRA covering voluntary conversion, were published in the Federal
Register on September 17, 2003, with an effective date of March 15, 2004. These
rules amend 24 CFR Part 972. Public housing developments where the cost of modernizing
and operating them as public housing exceeds the cost of providing tenant-based
assistance to residents must be removed from the public housing inventory. Public
housing developments that will not be viable over the long term must also be removed
from the public housing inventory. A rule addressing the methodology for
comparing the cost of individual public housing developments to the cost of tenant-based
Section 8 assistance was published in the Federal Register March 20, 2006 (Calculation
Rule). The rule is effective April 20, 2006. The cost methodology for Required
Conversion is different than that for Voluntary conversion.
A sample of a completed
spreadsheet has been included as well.
If
you have any questions please contact SAC Management:
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