Changes on the way for RAD
The Department of Housing and Urban Development (HUD) will host a meeting next month at HUD headquarters to discuss “new flexibilities” in the rules for the Rental Assistance Demonstration (RAD). The meeting is scheduled for Thursday, July 11, from 9 a.m. to 2 p.m. and will be divided into two parts.
- The first part will include a welcome by HUD Secretary Shaun Donovan, an overview of the changes, and a discussion of new provisions on financing, portfolio and multiphase conversions, and Moving to Work (MTW) conversions.
- The second part will consist of topic-specific question-and-answer sessions and office hours with the RAD team.
The first part of the meeting will be broadcast online, but only those who attend in person will be able to participate in the second part. HUD is inviting PHAs, development partners, lenders, low-income housing tax credit (LIHTC) investors, consultants, RAD participants and applicants, and other partners to attend the meeting. A formal agenda and registration instructions will be published soon.
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