In August 2018, the LHA received approval from the United States Department of Housing & Urban Development (“HUD”) under Section 18 of the 1937 Housing Act, as amended for the disposition of 87 units. The approval required LHA to offer the units first to purchasers at up to 30% below their current appraised value who are established providers of supportive service with asset management experience and would maintain income
targeting for all household at 80% of AMI or lower for period of 30 years. LHA is also now offering the attached location up for market sales as well.
The property available has two units. One unit is occupied and the other vacant. Current resident has indicated a desire to remain. All current households are below 80% of AMI and will have access to a Housing Choice Voucher (HCV) tenant-based subsidy whose value will be based on the current payment standard for the unit by bedroom size.
The deadline for written questions is November 17, 2021 at 3:00 PM. LHA anticipates answering all questions with an addendum to be available three (3) business days after the deadline for questions.
There is an addendum to this bid.