Trainer: Gwen Volk, Infocus, Inc.
HUD’s Rental Assistance Demonstration (RAD) program, created in 2012, is now available to 202 PRAC’s! HUD issued Revision 4 to the RAD Notice on September 5, 2019. Learn what RAD is, how it changes the properties that convert, and how your skills may be needed. This voluntary “preservation” program is helping to stop the loss of affordable housing. It is also providing new opportunities for experienced affordable housing developers, managers and agents from the private sector to partner with PHA’s. As of September 2018, HUD had closed RAD transactions on more than 100,000 units including public housing properties, Rent Supplement and RAP projects and Mod Rehab homes.
