Current Issues
RAD was initially authorized with a unit cap of 60,000 in the FY12 appropriations bill, which has since been lifted to 455,000 in the FY18 appropriations bill. In order to meet the demand for RAD, CLPHA strongly supports eliminating the RAD cap.
Latest News
7.28.23
Key Steps Include Streamlining Financing for Affordable Housing Creation, Offering Green Funding Opportunities, and Repairing and Expanding Affordable Housing Through RAD
7.11.23
HUD Announces Historic Transaction: Transforming Over 2,000 Affordable Rental Homes in New York City
From HUD's press release: