Mt. Pleasant

Portfolio Repositioning

Streamlined Voluntary Conversion

EJP completed the first Streamlined Voluntary Conversion (Section 22) application in the region and was successful in requesting and receiving the first waiver of the competitive Request for Proposal process. The waiver was necessary for the HCV Contract Administrator to award Project Based vouchers to Mount Pleasant for their converted Public Housing units. EJP provided post-conversion assistance to transition MPHA out of the Public Housing Program and ensure long-term affordability for their residents without the risk that the subsidy would leave the community.