Virginia Administrative Code › Title 13 - HOUSING › Agency 10 - VIRGINIA HOUSING DEVELOPMENT AUTHORITY › Chapter 80 - RULES AND REGULATIONS FOR SECTION 8 MODERATE REHABILITATION AND PROJECT-BASED CERTIFICATE ASSISTANCE PROGRAMS › Section 13VAC10-80-100 - Processing of owner proposals

Current through Register Vol. 40, No. 24, July 15, 2024
In the moderate rehabilitation program, owner proposals
				  submitted to the authority will be processed as follows:
Step 1 - Preparation and submission by owner of a
				  proposal.
Step 2 - Preliminary screening of proposal by the authority
				  and disqualification of incomplete or clearly ineligible proposals.
Step 3 - Inspection by the authority of owner's property to
				  determine the work items necessary to bring the unit(s) up to program
				  standards.
Step 4 - Preparation by the authority of list of deficiencies
				  to be corrected, estimate by the authority of rehabilitation costs, and
				  preliminary determination by the authority of project feasibility, taking into
				  account current rents or operating expenses, the estimated cost of requiring
				  improvements, and the terms of available financing. Notification by the
				  authority to the owner of results.
Step 5 - Selection for processing by the authority of owner's
				  proposal.
Step 6 - Determination by the authority of eligibility of
				  tenants currently occupying unit(s) to be rehabilitated. Notification by the
				  authority to the owner of results.
Step 7 - Preparation by the owner and/or the authority of
				  work write-ups, bidding of work, selection of contractor, preparation of lease,
				  obtaining of financing, and final determination of project feasibility.
Step 8 - Execution of an agreement providing that upon
				  owner's satisfactory completion of all required work, the authority will
				  provide section 8 housing assistance payments on behalf of eligible tenants
				  occupying the rehabilitated unit(s). Initial calculation of contract
				  rent(s).
Step 9 - Execution by the owner and contractor of a
				  construction contract and completion of required work. Inspection by the
				  authority of work upon completion.
Step 10 - Recalculation by the authority of contract rent.
				  Execution of a HAP contract by the owner and the authority.
Step 11 - Occupancy of the unit(s) by the assisted tenant(s),
				  who may be the current eligible tenant(s) or tenant(s) selected by the owner
				  from the locality's waiting list. Execution of an approved lease.
Step 12 - Commencement of section 8 housing assistance
				  payments on behalf of the tenant. Performance by the owner, the authority and
				  its administrative agent of all activities required following
				  rehabilitation.
In the project-based certificate assistance program, units
				  will be selected as follows:
Step 1 - The authority will submit information to HUD
				  concerning the number of units currently under the authority's annual
				  contributions contract with HUD for the authority's section 8 certificate
				  program, the total number of units for which the authority is requesting
				  approval to attach assistance, the number of units by unit size to be assisted
				  from each funding source and the estimated termination dates for the HAP
				  contracts.
Step 2 - HUD shall review the information and notify the
				  authority of approval or disapproval.
Step 3 - The authority will advertise in a newspaper of
				  general circulation that the authority will accept applications for
				  project-based certificate assistance.
Step 4 - The owner will submit an application containing a
				  description of the housing to be constructed or rehabilitated, evidence of site
				  control, evidence of proper zoning, the proposed contract rent per unit,
				  information concerning temporary relocation of site occupants, identity of the
				  owner and development team, a management plan, information concerning the
				  financing, the proposed term of the HAP contract and such other information
				  that the authority believes to be necessary.
Step 5 - The owner's proposal's will be ranked and selected
				  by the authority, in accordance with selection criteria determined by the
				  authority pursuant to
				  13VAC10-80-10.
Step 6 - The authority will enter into the agreement with the
				  owner.
Step 7 - Execution by the owner and contractor or a
				  construction contract and completion of the required work. Inspection by the
				  authority of work upon completion.
Step 8 - Execution of a HAP contract by the owner and the
				  authority.
Step 9 - Occupancy of the unit(s) by the assisted tenant(s),
				  who may be the current eligible tenant(s) or tenant(s) selected by the owner
				  from the locality's waiting list. Execution of an approved lease.
Step 10 - Commencement of section 8 housing assistance
				  payments on behalf of the tenant. Performance by the owner, the authority and
				  its administrative agent of all activities required following
				  rehabilitation.
Statutory Authority
§ 36-55.30:3 of the Code of Virginia.