Guide to Public Housing Conversions under RAD - 2nd Edition - Amy M McClain cover
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Guide to Public Housing Conversions under RAD - 2nd Edition - Amy M McClain

ISBN
9781639057061
Publisher
American Bar Association
Edition
2nd Edition
Condition
$36.99 one-time purchase · 15% restocking fee on returns

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Description

Guide to Public Housing Conversions under RAD 2nd Edition Amy M McClain ISBN 9781639057061

The U.S. Department of Housing and Urban Development (HUD) created the Rental Assistance Demonstration (RAD) to preserve affordable housing and address the significant backlog of capital improvement needs facing public housing and HUD-subsidized properties nationwide. RAD aims to protect at-risk affordable housing by converting federal rental assistance provided under the public housing program (the First Component) or certain legacy subsidy programs (the Second Component) into Section 8 assistance, using either project-based rental assistance (PBRA) or project-based vouchers (PBV).

This Guide focuses exclusively on public housing conversions under RAD’s First Component and does not address conversions involving privately owned properties assisted through legacy subsidy programs under the Second Component.

Table of Contents

  • Program Overview

  • Feasibility Analysis

  • Resident Engagement

  • Application Submission

  • Statutory and Regulatory Waivers and Considerations

  • Resident Protections

  • Relocation

  • CHAP Award and Pre-Financing Plan Milestones

  • Financing Plan Submission

  • Closing Process

  • Post-Conversion Processes

  • RAD/Section 18 Blend

  • Restore-Rebuild

  • Conclusion

Guide to Public Housing Conversions under RAD 2nd Edition Amy M McClain ISBN 9781639057061, 978-1639057061 & 9781639057078

Authors
Amy M McClain
Courtney E Hunter