PIH 2010-48: Extension—Cost- Test and Market Analyses Guidelines for the Voluntary Conversion of Public Housing Units

Publication Date: 12/23/2010 (Effective date is 10/1/2010)

Summary: This notice extends Notice PIH 2008-35 (PHA), same subject, extended by Notice PIH 2009-42, for another year until October 31, 2011.

The purpose of this notice is to provide guidance to PHAs on preparing the market analyses for public housing property required as part of a voluntary conversion assessment under 24 C.F.R. § 972.218(b) of the voluntary conversion rule. These market analyses will assist PHAs in evaluating their recapitalization options, including how rehabilitation and the proposed use of the property (as public, assisted, or market-rate housing) that may affect a property’s value.

View PIH 2010-48 here.