PBV Existing Projects RFP

PBV Existing Projects RFP

Cycle 1 Submission Deadline: 07/29/19

The New York City Department of Housing Preservation and Development (HPD), Division of Tenant Resources, is issuing a request for proposals (RFP) for the awarding of Section 8 Project Based Vouchers (PBVs).

The use of federally-funded Project Based Vouchers is subject to the regulations set forth in 24 CFR 983, as well as the Project Based Housing Assistance Payment Contract (HUD Form HUD 52530B). This RFP is for “existing housing” as defined under 24 CFR 983.3 (b).

Federal PBV regulations (24 CFR 983.56) limit the number of approved PBV units to the greater of 25 units or 25% of the total units in a project. Additional request for PBV assistance must be for units designated to serve residents who are elderly or for residents who are offered social service assistance (as defined in24 CFR 983.56). These units are considered “excepted” units. Additionally, projects in census tracts with a poverty rate that is at or lower than 20% are considered fully “excepted” and can request more than 25 or 25% of units. The initial PBV Housing Assistance Payment (HAP) contract term can be for a maximum term of 20 years.

FY20 Schedule

CycleSubmission DeadlineAnticipated Selection DatePre-Submission Conference DatePre-Submission Conference Location

1

07/29/19

09/13/19

07/11/19 (1pm)

100 Gold Street Room 4V1, New York, NY 10038

2

09/16/19

10/31/19

09/06/19 (1pm)

100 Gold Street Room 4V1, New York, NY 10038

3

01/15/20

03/03/20

TBD

TBD

4

03/16/20

05/01/20

TBD

TBD

Selection Criteria

In addition to adherence to all federal regulations, HPD will apply the following selection criteria when evaluating requests under this competition:

  • HUD required criteria
    • Accessibility to social, economic, educational and service opportunities
    • Significant revitalization of a neighborhood and/or greater choice of housing opportunities for low income families
  • Extent to which the PBV proposal promotes the goals laid out in Housing New York, A Five-Borough, Ten-Year Plan, New York City’s affordable housing creation and preservation plan. Priority will be given to proposals that help reduce homelessness for families; households headed by elderly or disabled members; veterans; youth aging out of foster care; families reunifying with children in foster care; and victims of domestic violence.
  • Extent to which housing and economic opportunity is expanded through de-concentrating of poverty 
  • Extent to which sound financial management is demonstrated at the project
  • Demonstration of project readiness and extent to which PBV leverages other non-city financing for the project
  • PBV units address financing needs of project
  • PBV units promote project wide affordability, protection of existing tenants from rent burden and target low income households at turn over for longer term affordability
  • Projects in HPD’s Development and Asset and Property Management Pipeline will receive priority 

All selected proposals are subject to funding availability and environmental reviews before contracts are awarded.

Submission Requirements

The application is rolling and should be submitted electronically to PBVRFPSUBMISSIONS@hpd.nyc.gov. When submitting your PBV RFP Application, please use the subject line “PBV RFP Submission_Existing_Project Name.

RFP Application Form

PBV RFP applications are currently undergoing revisions. Updated versions will be posted in the fall of 2019 for the Cycle 3 application deadline of January 15, 2020.

Inquiries

See our Frequently Asked Questions (revised 06/18/19)

Inquiries should be directed to PBVRFPSUBMISSIONS@hpd.nyc.gov.