Financing and lending

Rental Assistance Demonstration (RAD)

The Rental Assistance Demonstration is a HUD program that converts certain public housing and other assisted properties to long-term rental assistance contracts to preserve and improve affordable housing.

Why it matters

RAD conversions usually involve a capital needs assessment to define rehabilitation scope and funding. The program aims to bring in private capital for repairs. Owners need a clear, defensible repair scope to support financing.

Source: hud.gov

Related Calibre serviceCapital Needs Assessments

Where we discuss it

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