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HUD RAD
The Rental Assistance Demonstration was created in order to give public housing authorities (PHAs) a powerful tool to preserve and improve public housing properties and address the $26 billion dollar nationwide backlog of deferred maintenance. RAD also gives owners of three HUD "legacy" program (Rent Supplement, Rental Assistance Payment, and Section 8 Moderate Rehabilitation) the opportunity to enter into long-term contracts that facilitate the financing of improvements.
Using our creativity to maneuver through structured programs, we create hybrids by taking what is already established and forming something new. Unique formulations of funding streams that are specially combined for our individual needs of our clients.
Prescribed Consulting for Affordable Housing Development
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