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Health and Human Services Agency, Community Services Division, recommending the Board, acting as the Governing Board of the El Dorado County Public Housing Authority, approve and authorize the Chair to sign Amendment 1 to Housing Assistance Payment Contract V00052-PBV-001 with Mercy Housing California, XXI, a California Limited Partnership, to extend the term by ten years to March 20, 2025, for the continued designation of forty-two Housing Choice Voucher Program project-based units at White Rock Village Apartments in El Dorado Hills.
FUNDING: Federal Housing Choice Voucher Program.
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Fiscal Impact/Change to Net County Cost
Federal funding for the Project-Based Vouchers is provided by the Federal Department of Housing and Urban Development (HUD) for payments to landlords on behalf of program participants and is included in the annual Health and Human Services Agency budget for the Housing Choice Voucher Program.
Background
The El Dorado County Public Housing Authority (PHA) provides eligible participants with rental assistance vouchers to offset rental housing costs through the Housing Choice Voucher (HCV) Program (formally known as Section 8). This Federally funded program provides eligible individuals and families with safe and sanitary housing in the private housing market. Program eligibility is determined by the PHA and is based on the family’s total annual gross income and family size. In general, the family’s income may not exceed 50% of the median income for the County or metropolitan area in which the family chooses to live. To encourage development of affordable housing for households earning at or below 50% of the median income, the PHA can elect to reserve “project-based” vouchers for a specific development selected through a Request for Proposal process. The total amount of “project-based” vouchers may not exceed 20% of the PHA’s annual authorized budget allocation from HUD. Project-based vouchers are considered “attached to the st...
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