HUD provides update on RAD, schedules Q&A for this Thursday
In an email today, HUD announced that, as of October 25, it had received 459 applications to convert more than 76,000 public housing and Moderate Rehabilitation (Mod Rehab) units to long-term project-based Section 8 contracts under the first component of the Rental Assistance Demonstration (RAD). HUD has awarded initial approval to 21,097 of these units and is still reviewing applications for another 55,000 units.
Although the cap on conversions under the first component of RAD is still 60,000 units, HUD has asked Congress to raise the cap to 150,000 units and will continue accepting applications on a first-come, first-served basis until further notice.
To answer any questions PHAs may have about the continuing application process, HUD has planned a question-and-answer (Q&A) session for this Thursday, November 7, from 3 to 4 p.m. eastern time. HUD will begin the session with a progress report on applications received so far and a discussion of issues related to the 60,000-unit cap on conversions under the first component of RAD. It will then open the floor to questions. If you wish to participate in the session, click here to register.
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