An Introduction to Project Based Management
Public housing authorities are working toward successfully
converting to project-based accounting and management.
Currently, the entire portfolio of public housing in America
consists of 7,806 AMP numbers. What does this mean?
There are 3,159 public housing authorities (PHAs). These PHAs manage
14,574 developments (projects), containing 269,454 buildings groups,
totaling 1,263,719 units. Many housing authorities plan to demolish
public housing and rebuild affordable housing under the low income
housing tax credit (LIHTC) program. Already 485 PHAs have HUD
approval to demolish 24,842 additional buildings.
This area is intended to help you understand some of the recent
changes within the public housing industry. It was designed to
familiarize you with terminology and provide you with a basic
understanding of the new
Project Based Management plans for the
public housing program. From the information provided, it is hoped
that you will gain a better understanding of the industry we serve.
It is HAI Group’s understanding that
Project Based Management will
dramatically change the way PHAs operate. PHAs will become asset
managers and HUD will flatten its organization and become asset
monitors. Funding from HUD will be allocated for specific locations,
with little funding available for centralized administrative