Public Housing Developments
The public Housing Development Program is on its mission to develop housing for low-income families who are unable to afford the housing in the private market. To make this happen, it provides federal grants to local public housing authorities.
Purpose of Public Housing Development Program
The purpose of Public Housing Development is to assist the local PHAs and develop public housing for providing decent and safe housing to families with low incomes. There are three ways in which the housing is developed which are mentioned below:
- The PHA hires a contractor to construct the housing units but the housing units have to be in accordance with the HUD-approved program owned by PHA.Â
- The PHA selects the developer who in turn looks after the development of the project and later on is sold to the PHA once it gets complete.Â
- All the existing units are brought by the PHAs.Â
The mixed-income developments under section 14 of the housing act of 1937 can also seek assistance from PHAs.