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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 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....
CLPHA recently learned of changes in HUD’s Tenant Protection Voucher (TPV) issuance policy that creates uncertainty for Rental Assistance Demonstration (RAD) conversion transactions that rely upon the ability to project-base TPVs for converted public housing units. As of May 19, HUD’s revised its...
Recently, HUD’s Office of Recapitalization (Recap) announced the launch of a new 5-minute video for public housing residents to learn about the RAD program. Recap advises PHAs and property owners to show the video at resident meetings, share it with resident...
CLPHA’s counsel Reno & Cavanaugh has produced a memo for members that summarizes HUD’s recent guidance on Faircloth-to-RAD conversions. The guidance, in conjunction with a webinar held by HUD on April 26, outlines how PHAs can use public housing authorized under their Faircloth...
From HUD's Office of Housing Counseling:
The Office of Housing Counseling (OHC) is hosting a webinar on February 23 to help owners and managers of HUD-assisted or insured multifamily properties who are looking for resources to assist their tenants...
On February 23, the RAD Collaborative will host a discussion via Zoom with Tom Davis and Will Lavy of HUD’s Office of Recapitalization to dig into the new RAD blend options for construction and small PHAs along with other resources. This newly available bundle has the potential to stretch RAD in...
On January 19, 2021 HUD released the Notice PIH 2021-07 (HA), "Demolition and/or disposition of public housing property, eligibility for tenant protection vouchers, and associated requirements." This notice explains the application requirements for PHAs requesting approval from HUD to demolish...