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HUD Issues Guidelines for Subsidy Layering Reviews for PBV Properties

Thursday, February 27, 2020 - 10:00AM

The U.S. Department of Housing and Urban Development will publish a notice in Friday’s Federal Register updating administrative guidelines and requirements for project-based voucher (PBV) subsidy layering reviews. The update includes new PBV housing assistance payment contract terms provisions as amended by the Housing Opportunity Through Modernization Act of 2016. The update also provides subsidy layering review requirements for mixed-finance projects, regardless of whether they include PBV assistance.

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