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PART 983—PROJECT-BASED VOUCHER (PBV) PROGRAM›Subpart D—Requirements for Rehabilitated and Newly Constructed Units

§ 983.152 Nature of development activity.

24 C.F.R. Part 983 — Project-Based Voucher (PBV) Program · 2026 edition · updated 2026-07-29 · United States

(a) Purpose of development activity. An owner may undertake development activity, as defined at § 983.3, for the purpose of:

(1) Placing a newly constructed or rehabilitated project under a HAP contract; or

(2) For a rehabilitated project that will undergo development activity after HAP contract execution, completing the requirements of the rider in accordance with § 983.157.

(b) Development requirements. Development activity must comply with the requirements of §§ 983.153 through 983.157.

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▸Contents — 24 C.F.R. Part 983 — Project-Based Voucher (PBV) Program
24 C.F.R. Part 983 — Project-Based Voucher (PBV) Program

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