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HUD Published a Final Rule Implementing a Comprehensive New Project-Based Voucher Program

Thursday, October 13, 2005 - 7:15AM

The U.S. Department of Housing and Urban Development (HUD) today published a final rule implementing a comprehensive new project-based voucher program that replaces the current project-based certificate (PBC) regulations, effective November 14, 2005. Today’s final rule is based on statutory authorities enacted in 1998 and 2000, and follows a proposed rule published on March 18, 2004 and public comment period. The rule includes several provisions regarding low-income housing tax credit (LIHTC) rents and provisions for properties funded with LIHTCs.

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