Preserving Affordable Rental Housing

RAD is a central part of HUD's rental housing preservation strategy, which works to safeguard the long-term
affordability of multifamily properties and to promote capital improvements and cost efficiencies
through public-private partnerships to build strong, sustainable communities.

Two Components

The Rental Assistance Demonstration Program (RAD) allows proven financing
tools to be applied to at-risk public and assisted housing under two components.

RAD for PHAs

RAD for PHAs

Allows Public Housing properties to convert, under a competition limited to 455,000 units, to long-term Section 8 rental assistance contracts.

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RAD for PHAs

RAD for Multifamily

Allows Rent Supplement (Rent Supp), Rental Assistance Payment (RAP), Mod Rehab and Section 202 PRAC properties to convert tenant-based vouchers issued upon contract expiration or termination to project-based assistance.

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WHO MAY USE THE RESOURCE DESK?

The public portion of this website is intended for use by anyone that has an interest in the RAD program. The private section of this website is intended for the exclusive use of HUD Employees and staff of organizations participating in RAD. Each RAD participant will have the ability to control access within their organization and extend access to other applicable third parties such as lenders and attorneys.

 

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