HCV Families Housed Calculation
The number of families housed for the purposes of determining STS is based on three components. NOTE: Families that receive services only (with no housing assistance) are not included in any of the calculations.
Families housed in the HCV program.
Total Families Housed in HCV Program
Local, Non-Traditional Rental Subsidy Families
Families housed in local, non-traditional rental subsidy programs.
Total Families Housed in LNT Rental Subsidy Program
Local, Non-Traditional Development Program Families
The number of families housed through development of affordable housing units, estimated based on the ratio of MTW funds invested, to the HUD-established per-unit total development cost. (For detailed information about these procedures, consult with the MTW Office.)
Total Families Housed annually, from when the certificate of occupancy is issued through the term of the affordability restrictions
These three components are then combined to calculate the total number of families housed under the HCV and local, non-traditional programs for the purposes of assessing compliance with the STS requirement.
Number of Families Housed
The number of families housed will be compared with an ‘HCV STS Target’ to determine whether the MTW agency has met its STS obligation.