What does HCV stand for?

HCV stands for Housing Choice Voucher. This term refers specifically to a federal program administered through local Public Housing Authorities (PHAs) that provides rental assistance to low-income families, the elderly, and individuals with disabilities.

The program allows participants to choose their housing in the private market, giving them the flexibility to select units that fit their personal needs and preferences, provided those units meet the program's requirements for quality and affordability. The Housing Choice Voucher program is designed to ensure that families can afford safe and decent housing, which is a crucial aspect of promoting stable and healthy communities.

The incorrect options do not accurately represent the established terminology within the framework of affordable housing assistance programs. For example, "Housing Credit Voucher" and "Home Care Voucher" may suggest some form of funding but do not encompass the specific objectives and functions of the HCV program. "Housing Community Voucher" deviates from the official terminology and does not align with commonly recognized housing assistance programs, which may lead to confusion regarding its meaning and application.