Rental Assistance Demonstration (RAD)

HUD released a Revised Rental Assistance Demonstration (RAD) Notice, with comments due on November 12. The notice announces the posting of the fourth revision to the RAD notice and solicits public comment on the removed restrictions on certain HOPE VI properties that are under ten years old and the elimination of the selection of applications […]

HUD released Rental Assistance Demonstration (RAD) Notice (H 2019-09/ PIH 2019-23), which clarifies certain requirements of First Component RAD projects and implements its new RAD for Project Rental Assistance Contracts (PRAC) program, which will allow Section 202 PRAC properties to convert to long-term Project Based Rental Assistance (PBRA) or PBV contracts.

In an ongoing effort to make information available on the impacts of RAD in communities around the country, HUD has published new state-by-state RAD fact sheets that provide summary information on the RAD activity in each state. The data is “live” and updates real-time as properties complete the conversion process.

HUD published an updated RAD Inventory Assessment Tool. The tool is designed for PHAs that are newly considering or re-considering RAD at RAD rents based on the FY 18 Appropriation levels.

HUD now expects to release the RAD revised notice (RADRev4) with modest changes to the public housing component and thorough instructions for the new RAD-for-PRAC authority in early to mid-June 2019. While waiting for RADRev4 there is plenty PHAs and their partners can do now to take advantage of recent flexibilities with RAD and other HUD preservation-redevelopment tools. 

HUD revised the Quick Reference Guide for Environmental Review Requirements for RAD Conversions. This version provides a more streamlined organization of information, incorporates frequently asked questions and introduces simplified environmental reviews for RAD conversions to PBRA that do not entail any work.

Tom Davis, Director of the Office of Recapitalization at HUD, sent a letter to Commitment to Enter into a Housing Assistance Payments Contract (CHAP) Awardees detailing the 2019 timeline for year-end closings of Rental Assistance Demonstration (RAD).

Gorman & Company announced the hire of Ron Clewer to lead its Illinois state market as Andre Blakely, former Illinois Market President, will lead Gorman’s national public housing redevelopment platform.

The FY 18 Appropriations Act authorized the conversion of properties assisted by Section 202 Project Rental Assistance Contracts. HUD is in the process of revising the RAD Notice to include a new Section 4 that would provide implementation instructions for the conversion of Section 202 PRACs under RAD. HUD published a draft Section 4 to the Office of Multifamily Housing’s “Drafting Table” for feedback. Following consideration of public feedback received, the Office of Recap will proceed toward incorporation of the new Section 4 into a revised RAD Notice.

On Feb. 5 from 1 -2 pm ET, HUD will host a webinar to review new RAD rents for public housing conversions based on final FY 18 Operating Fund and Capital Fund data.

The 2019 Rental Assistance Demonstration (RAD) rents are now available, which will be used any new awards issued starting in 2019.

A new Rental Assistance Demonstration (RAD) notice from HUD amends the previous final notice by stating that “that execution of a Project Based Rental Assistance (PBRA) contract as a result of the conversion of Rent Supp, RAP, Mod Rehab, or Mod Rehab SRO contracts through RAD after the publication of this notice does not trigger Davis-Bacon prevailing wage requirements.”