Updated information on the 1st Component and CHAP Awards is now available for current participants and prospective applicants.
Revised RAD Notice
The Notice is now housed under the "More Information" section of the Program Information web page
What is RAD?
What can it do in my neighborhood?
RAD in HUD's 2014 Budget
Langston Park Apartments in Hopewell, VA
PHA Partners with Local Non-Profit to Reposition Obsolete Public Housing
The Rental Assistance Demonstration (RAD) allows proven financing tools to be applied to at-risk public and assisted housing and has two components:
1st Component - Allows Public Housing and Moderate Rehabilitation (Mod Rehab) properties to convert, under a competition limited to 60,000 units, to long-term Section 8 rental assistance contracts; and
2nd Component - Allows Rent Supplement (Rent Supp), Rental Assistance Payment (RAP), and Mod Rehab properties to convert tenant-based vouchers issued upon contract expiration or termination to project-based assistance.
RAD is a central part of the Department's rental housing preservation strategy, which works to preserve the nation's stock of deeply affordable rental housing, promote efficiency within and among HUD programs, and build strong, stable communities.
Resources and Information for RAD Network Partners
December 11, 2013: Updated information on the 1st Component and CHAP Awards is now available for current participants and prospective applicants. For more information see the Program Information web page.
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