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24 J. Affordable Hous. & Cmty. Dev. L. 396 (2015-2016)
Beginner's Guide to Project-Based Vouchers

handle is hein.journals/jrlaff24 and id is 424 raw text is: the publication to understand not only the basics but identify the more complex tax issues that may arise. Beginner's Guide to Project-Based Vouchers Karen M. Rippelmeyer Beginner's Guide to Project-Based Vouchers Julie S. McGovern and Sarah L. Molseed American Bar Association (2015) 6x9/50 pages/$29.95 (shopABA.org) Beginner's Guide to Project-Based Vouchers by Julie S. McGovern and Sarah L. Molseed, both members of Reno & Cavanaugh, PLLC, discusses the fundamentals of the project-based voucher (PBV) program by provid- ing readers with information in an easy-to-read, chronological approach. The book is divided into thirteen sections: Section I: Overview of PBV Program Section II: Creation and Evolution of the PBV Program Section III: Setting Up a PBV Program Section IV: New Construction versus Existing Housing Section V: Selection of PBV Sites Section VI: Prerequisites of PBV Assistance Section VII: 25 Percent Cap Section VIII: Setting Rents Section IX: Selecting Tenants Section X: PBV Contract Forms Section XI: PHA-Owned Units Section XII: Ongoing Monitoring Section XIII: Conclusion Section I presents an introduction to the PBV program. The authors ex- plain that the PBV program is fairly new and identify some of the obsta- cles it has overcome to expand into wider use. In Section II, the authors further explain the creation and evolution of the PBV program, including reference to the statutory guidance. They identify obstacles to its use and how those issues have been addressed. New practitioners will quickly learn many of the important acronyms used in the affordable housing industry. Section III addresses the process of setting up a PBV program from the perspective of a public housing authority (PHA). While the guidance in this book will not provide all that a PHA participant needs to know for actually setting up a PBV program, it will give beginners an understand- ing of how the process works and why it may be administered in a certain 396 Journal of Affordable Housing Volume 24, Number 3 2016

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