Latest News
Last month, Patrick Costigan,strategic advisor and co-founder of the RAD Collaborative and principal of CF Housing Group, and Greg Byrne, principal of Greg Byrne Consulting, wrote an op-ed in Affordable Housing Finance reflecting on the impacts of the Rental Assistance...
Last month, Patrick Costigan,strategic advisor and co-founder of the RAD Collaborative and principal of CF Housing Group, and Greg Byrne, principal of Greg Byrne Consulting, wrote an op-ed in Affordable Housing Finance reflecting on the impacts of the Rental Assistance...
Key Steps Include Streamlining Financing for Affordable Housing Creation, Offering Green Funding Opportunities, and Repairing and Expanding Affordable Housing Through RAD
Yesterday, the Biden-Harris Administration announced new actions to its Housing Supply Action Plan to lower...
HUD has published RAD Supplemental Notice 4B, which makes several revisions to the Rental Assistance Demonstration (RAD) program. Some revisions to RAD contained in this Notice include:
Treatment of Zero-HAP families: The Notice amends the treatment of families whose total tenant...
HUD Announces Historic Transaction: Transforming Over 2,000 Affordable Rental Homes in New York City
From HUD's press release:
The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today it recently closed a $930 million Rental Assistance Demonstration (RAD) transaction with the New York City Housing Authority (NYCHA) at its Edenwald Houses...
HUD’s Office of Policy Development and Research (PD&R) published a report detailing findings on the Rental Assistance Demonstration (RAD) Choice Mobility Implementation. RAD residents have a right called choice mobility, which allows them to request tenant-based rental assistance after living...
Protecting, expanding. and providing affordable housing has never been so important.
The COVID-19 pandemic has taught us that housing instability and homelessness have disastrous effects on our national economic and public health. Public housing authorities (PHAs) are our nation’s most effective...
HUD has just posted the 2022 RAD Contract Rents, which are used to determine the initial contract rents in the Section 8 Housing Assistance Payment (HAP) contract for public housing properties converting under RAD. These amounts will be utilized for any new commitments to enter into HAP or...
8 CLPHA Members Make HUD’s List of Top Ten PHAs Most Active in RAD; 46,500 Families Transformed
HUD has announced that PHAs and their partners have used the Rental Assistance Demonstration (RAD) to generate over $15 billion in construction investments since the program’s launch in 2013....
On July 20, the U.S. House of Representatives passed by a 220 to 207 vote the first funding minibus legislation for the upcoming 2023 fiscal year. HR 8294, the “FY2023 Consolidated Appropriations Act” is the minibus comprised of six bills from six of the twelve House appropriations subcommittees....