What are the requirements on how many units and what type we must replace?
A15. Please note that the definition of replacement housing in the NOFA is under Section I(C)(2) (p41823) and is as follows: “Under this HOPE VI NOFA, a HOPE VI replacement housing unit shall be deemed to be any combination of public housing rental units, eligible homeownership units under Section 24(d)(1)(J) of the 1937 Act, and HCV assistance that does not exceed the number of units demolished and disposed of at the targeted severely distressed public housing project.” Additionally, Section III.C.3.ee. provides the following requirements regarding the number of units: “The number of units that you plan to develop should reflect your need for replacement units, the need for other affordable units, and the market demand for market units, along with financial feasibility. The number of planned new construction public housing units may not result in a net increase from the number of public housing units owned, assisted, or operated by the PHA on October 1, 1999, including any public hous
