Project-Based Vouchers

Project-Based Vouchers are a form of housing assistance where government subsidies are tied to specific rental units within a property. Instead of providing direct financial aid to individuals, these vouchers ensure that certain apartment buildings or complexes maintain affordable rent levels. Landlords who participate agree to keep their units affordable for low-income residents, and in return, they receive ongoing financial support. This approach helps stabilize neighborhoods and encourages landlords to offer affordable housing options, providing low-income families with more stability and access to quality housing without the need for personal rent subsidies.