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HUD Multifamily Launches New Section 8(bb) Preservation Tool
HUD announces webpage for Multifamily Launches New Section 8(bb) Preservation Tool. The webpage provides a brief explanation of the Section 8(bb) Preservation Tool, which allows for the transfer of Section 8 project based rental assistance (PBRA) budget authority from one multifamily project (Project A) to another multifamily project (Project B).