811 PRA FAQ
Q

Are scattered site single family, duplex, or small buildings eligible for PRA if they are part of one ownership structure?

Date Published: August 2015

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A

Yes. Eligible Multifamily Properties means any new or existing property owned by a nonprofit, public, or a private entity with at least 5 housing units. This can include 5 or more units that are noncontiguous if under a single ownership entity. For example, a Low-Income Housing Tax Credit (LIHTC)-financed development of 60 noncontiguous townhomes spread over 5 acres would be an Eligible Multifamily Property if it met other program requirements. In another example, twenty HOME-funded condominiums either in or on the same property or spread across a city or town would also be considered an eligible property if under a single owner and other requirements are met. 


Tags: 811 PRA Program Requirements - Eligible Units

FAQ ID:

2348