HUD Celebrates RAD Program Milestone of $20M in Total Construction Investment
The U.S. Department of Housing and Urban Development's Rental Assistance Demonstration (RAD) is marking a major milestone: $20 billion in total construction investment. CLPHA members are proud to be among the 500 PHAs across the country that have utilized RAD to preserve, modernize, or replace over 212,000 homes originally built as public housing -- homes providing stability, security, and opportunity to an estimated 577,000 low-income individuals, many of whom are elderly and/or disabled.