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    "seq": 39,
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    "ocrText": "Proposed Amendment to the Project-based Voucher Provision of the U.S. Housing Act\n(a) Paragraph 13 of Section 8(o) of the United States Housing Act of 1937 (42 U.S.C. 1437f(o))\nis amended to read as follows:\n\"(13) PHA PROJECT-BASED ASSISTANCE.-\n(A) IN GENERAL.-If the Secretary enters into an annual contributions contract under this\nsubsection with a public housing agency pursuan. to which the public housing agency will enter\ninto a housing assistance payment contract 11 espect to an existing structure under this\nsubsection-\n(i) the public housing agency may approve\nassistance payment contract for such\nstructures (which may include newly constructed or rehabilitated structures as well as existing\nstructures) for not more than 15 percent of the funding available for tenant-based assistance\nadministered by the public housing agency under this section if the approval is consistent with\nthe housing needs and means to address those needs stated in the agency's annual plan pursuant\nto section 5A (d); and\n(ii) the public housing agency may provide any eligible family occupying a unit with project-\nbased assistance pursuant to this paragraph with a Continued Assistance Option. Families with a\nContinued Assistance Option have priority to receive a tenant-based voucher from the agency\nupon reasonable notice of the family's desire move from the structure after an initial year in\noccupancy, notwithstanding the agency's war\nor any system of local preferences\nestablished by the agency pursuant to para\n(6) The agency's annual plan pursuant to\nsection 5A (d) shall specify whether the\nwill provide project-based assistance in this\nmanner. The transfer of a family from proje\nsed to tenant-based voucher assistance pursuant\nto this provision shall be considered a continua\nof assistance, and is subject to the Secretary's\nregulations concerning the termination of voucher assistance.\n(iii) Except when units assisted under this paragraph are intended to be occupied primarily by\nelderly or disabled families, the approval of a housing assistance payment contract under this\nparagraph must be consistent with the goal of deconcentrating poverty and expanding housing\nand economic opportunities. This objective may be met by attaching assistance to a dwelling\nunit located in a low-poverty area or in an area of high job growth or by attaching assistance to\nfewer than half of the dwelling units in a development that is not in a low-poverty or high job\ngrowth area. The Secretary may by regulation define what constitutes a \"low-poverty\" and a\n\"high job growth\" area.\n(B) CONTRACT TERM. - In the case of a housing assistance payment contract that applies to\na structure under this paragraph, a public housing agency may enter into a contract with an owner\nfor a term of up to ten years, subject to the availability of sufficient appropriated funds for the\npurpose of renewing expiring contracts for assistance payments, as provided in appropriations\nActs and in the agency's annual contributions contract with the Secretary and to annual\ncompliance with the inspection requirements of paragraph (8), except that the agency need not\nmake annual inspection of each assisted unit in a development. The public housing agency may\nAug. 29, 2000, page 1"
}