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2013 Broward Housing Council Annual Report
Broward County > Broward Housing Council > About Us > 2013 Broward Housing Council Annual Report

Broward Housing Authorities: $148,242,143

The six Broward County Housing Authorities are dedicated to providing quality affordable housing opportunities to low and moderate income individuals and families, including elderly and persons with disabilities while supporting programs to foster economic self-sufficiency and neighborhood revitalization.

Broward Housing Authorities Operating Budget pie chart of info below

Housing Choice Voucher (HCV) Program (formerly known as Section 8): $122,267,459
The six housing authorities administer approximately 11,200 Housing Choice Vouchers (HCV) countywide. The HCV program is the federal government’s major program for assisting very low and low income families, the elderly, and the disabled to afford decent, safe, and sanitary housing available in the private market while maintaining their rent payments at an affordable level. Program participants are free to choose housing that meets the requirements of the program and is not limited to units located in subsidized housing projects. A housing subsidy is paid to the landlord directly by the housing authorities on behalf of the participating individual and/or family. Eligible participants generally are required to pay 30 percent of their adjusted income towards their gross rent (rent and the utility allowance for tenant-paid utilities that are not included in the rent to the owner). The demand for housing assistance often exceeds the resources available. The HCV program currently has approximately 2,100 persons on the waitlist.

Low Income Housing Tax Credit (LIHTC): $7,855,575

As part of the Tax Reform Act of 1986, the federal Low Income Housing Tax Credit (LIHTC) program promotes the development of affordable rental housing for low income individuals and families by providing opportunities for developers to build mixed-income communities using tax credits as a financing tool. The housing authorities’ annual operating budget is a program that encourages the investment of private capital for the creation of affordable rental housing for low income households. Tax credits are available to individuals and corporations who invest in such projects.

Public Housing: $6,037,703

As of September 30, 2012, the housing authorities in Broward County own and operate approximately 1,500 public housing units. However, approximately 1,490 persons are on a waitlist for public housing.

Portability: 3,487,301

Portability in the Housing Choice Voucher Program (HCVP) enables a household to use a voucher issued in one jurisdiction when moving to another jurisdiction outside of Broward County where the program is administered by a different local public housing agency. The rate of portability movers increased from approximately 320 vouchers to 510 vouchers.

Shelter Plus Care (S+C) Program: $3,229,692

HUD’s Shelter Plus Care (S+C) program provides housing assistance to persons who are homeless with disabilities – primarily those homeless persons with serious mental health illness and/or chronic substance abuse problems, and/or HIV/AIDS related diseases. Broward County housing authority administers approximately 360 S+C vouchers that provide tenant-based rental assistance to landlords on behalf of the homeless persons with disabilities (and their families) who need affordable housing and support to live as independently as possible.

Project Based and Tenant Based Housing Choice Vouchers: $3,074,700

The Housing Authorities have two different types of rental subsidies: tenant-based and project-based programs. Both programs have similar income-based admission requirements set by HUD. Households with a tenant-based subsidy have a voucher that allows them to move from one place to another. Those in the project-based programs live in a building in which the units are subsidized. If a tenant moves from the building, they lose their rental subsidy. Generally, those in the project-based programs and some tenant-based programs for special populations are referred by various agencies and building owners to the housing authorities, which confirms that they meet all the HCV eligibility requirements.

HUD Veterans Affairs Supportive Housing Voucher (HUD-VASH) Program: $1,470,406

The U. S. Department of Housing and Urban Development (HUD) Department, and the U.S. Department of Veterans Affairs Supportive Housing (HUD-VASH) Program partnered to provide permanent, supportive housing and treatment services for homeless veterans. The primary goal of HUD-VASH is to help veterans and their families successfully move out of homelessness by utilizing HUD Section 8 “Housing Choice” rental assistance vouchers and VA’s intensive case management services. Eligible individuals and veterans are identified by VA. HUD designated approximately 300 HUD-VASH housing vouchers to provide rental assistance to participating public housing authorities to offer permanent residence in order to prevent homelessness among veterans.

Additional Affordable Housing - Acquisition and Rehabilitation: $819,307

The Broward County Housing Authority (BCHA) has capitalized on all opportunities to increase its supply of affordable housing. As a result, during FY 2012-13, the BCHA completed construction of ten townhomes and acquired an existing 12-unit multifamily property. This increased its total of other affordable housing to 86 units, and allowed the BCHA to serve tenants with a wider range of incomes.

 

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