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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
  1. 24 C.F.R. Part 983 — Project-Based Voucher (PBV) Program
  2. ▸ PART 983—PROJECT-BASED VOUCHER (PBV) PROGRAM
    Overview
    1. Subpart A—General
    2. Subpart B—Selection of PBV Proposals and Projects
    3. Subpart C—Dwelling Units
    4. ▸ Subpart D—Requirements for Rehabilitated and Newly Constructed…
      Overview
      1. § 983.151 Applicability.
      2. § 983.152 Nature of development activity.
      3. § 983.153 Development requirements.
      4. § 983.154 Development agreement.
      5. § 983.155 Completion of work.
      6. § 983.156 PHA acceptance of completed units.
      7. § 983.157 xxx
    5. Subpart E—Housing Assistance Payments Contract
    6. Subpart F—Occupancy
    7. Subpart G—Rent to Owner
    8. Subpart H—Payment to Owner

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