HUD Housing Programs: Tenants’ Rights (The Green Book): 1.4.1.8 Additional Assistance for the Disposition of HUD-Owned Projects
Through the Property Disposition program, HUD provided Project-Based Section 8 subsidies for projects it acquired after foreclosure and sold to private landlords. Most of the subsidized projects are former Section 236, Section 221(d)(3) or Rent Supplement projects, although the Section 8 subsidies could have been made available for any projects that HUD re-sold after acquisition.