Number of Assisted Rental Units

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The number of federally-assisted rentals was compiled by the Virginia Housing Development Authority (VHDA) using data received from multiple agencies including HUD, USDA Rural Development, and local Public Housing Authorities (PHAs). The inventory includes the number of tenant-based deep rental subsidies (mainly Housing Choice Vouchers).

This data may not match that provided directly by subsidy program administrators due to the necessity of reconciling minor data differences among various data sources–e.g., minor data differences among agencies where multiple subsidies are layered within the same property.

The inventory only includes traditional apartment developments. The inventory does not include specialized housing with occupancy restricted to specific targeted populations (other than seniors) such as group homes, SROs, transitional housing, congregate housing, etc. Among the federal programs excluded are Section 811, HOPWA and McKinney Act Homeless programs. Also excluded are Section 202 and Section 8 developments that are restricted to disability occupancy (primarily group homes). In addition, the inventory does not capture units financed with HOME or CDBG funds unless those units also used other subsidy programs such as Low-Income Housing Tax Credits or AMT Bonds.

 

Federal Rental Assistance

1990
2000 2010
Low-
Income

Project-
Based

Units

Extremely-Low Income Low-
Income

Project-
Based

Units

Extremely-Low Income Low-
Income

Project-
Based

Units

Extremely-Low Income
Project- Based Units Vouchers Total Project- Based Units Vouchers Total Project- Based Units Vouchers Total

Note: Generally, “Low-Income Project-Based” units serve households with income between 30% and 60% of area median income.”Low-Income Project-Based” include those rentals assisted through the following federal low-income housing project-based subsidies: 1) HUD Programs — Public Housing, Section 8, Section 202, Section 236 and Section 221d3 BMIR; 2) USDA Rural Development Programs — Section 515 Interest Credit; and 3) IRS Programs — Low-Income Housing Tax Credits, and AMT Bonds.
Rentals under both the “Extremely Low-Income Project-Based” and “Extremely Low-Income Vouchers” serve households with income at or below 30% of area median income. “Extremely Low-Income Project-Based” include those rentals assisted through the following federal project-based rent or operating subsidies: 1) HUD Programs — Public Housing Operating Subsidies; Section 8 rent and similar HUD rent subsidies; and Section 202 PRAC; and 2) USDA Rural Development Programs — Section 515 Rental Assistance. “Extremely Low-Income Vouchers” are tenant-based deep rental subsidized units.

Source:  The Virginia Housing Development Authority (VHDA) compiled this inventory from data received from multiple agencies including HUD, USDA Rural Development, and local Public Housing Authorities (PHAs). This data may not match that provided directly by subsidy program administrators due to the necessity of reconciling minor data differences among various data sources–e.g., minor data differences among agencies where multiple subsidies are layered within the same property.

 


The data contained in SOURCEBOOK is intended for informational, educational and research uses. The information may not be used for commercial purposes or re-marketed. Any reproduction and distribution of this information must clearly identify Housing Virginia and SOURCEBOOK as the provider of the information.