In an op-ed in The Hill, Mark Dellontem, president and CEO of Love Funding, highlights the success of the federal Rental Assistance Demonstration (RAD) program in utilizing targeted taxpayer dollars to stimulate private capital for renovations and produce wide-ranging benefits. The RAD program, which is a federal program that converts public housing authorities’ (PHAs) existing annual operating and capital subsidies into project-based rental contracts that can attract private capital, has facilitated rehabilitation and the conversion of nearly 62,000 public housing units to more stable financial footing. Another 125,000 units have been authorized for conversion and are working their way through the process. In addition, construction investments made through the RAD program reached $4 billion nationwide in May, an amount that would have taken PHAs 46 years to accumulate on their own. Dellontem urges Congress to continue supporting the RAD program and consider using it as a template for private-public partnerships in the federal government.