RAD Newsletter

This Newsletter is targeted primarily to public housing agencies (PHAs), Multifamily owners, lenders, investors, and other development partners who are participants in the RAD program. It will include information on key program statistics, news, and special events that take place each month. Additionally, each issue will highlight a few recently closed projects. To receive newsletter and other updates join our RADBlast! communications by signing up here.

Highlight

HUD Creates New Pathway to Create New Deeply Affordable Housing; 220,000 Available Units of Authority Eligible for Construction." Public Housing Authorities (PHAs) have a new pathway to leverage their existing public housing “Faircloth Authority” to create new deeply rent-assisted housing through the Rental Assistance Demonstration (RAD). Faircloth-to-RAD conversions will establish a long-term, reliable rental subsidy contract for the new housing units, which will help PHAs and their partners to more readily finance the development of the new properties. The guidance is located here and our fact sheet on Faircloth to RAD is located here.

RAD Milestones

Reflections on 10 Years of Public Housing Conversions (Nov. 2023)
$15 Billion in Construction Investment in RAD Public Housing (Oct. 2022)
$10 Billion in Construction Investments in RAD Public Housing (Nov. 2020)

Other Newsletters

July 13, 2022: Knoxville Community Development Corporation's Executive Director Q&A on RAD.
March 3, 2022: Portsmouth Metropolitan Housing Authority's Executive Director Q&A on RAD.
December 16, 2021: Rock Island Housing Authority's Executive Director and the Q&A on RAD.
September 21, 2021: Montgomery County Housing Opportunities Commission's Executive Director and the Q&A on RAD.
May 25, 2021: Spokane Housing Authority's Executive Director and the Q&A on RAD.
April 13, 2021: Ann Arbor Housing Commission's Executive Director and the Q&A on RAD.
March 2021: Lavonia Housing Authority's Executive Director and the Q&A on RAD
January 2020: RAD Successfully Winds Down RAP Legacy Program
February 2019: RAD Successfully Winds Down Rent Supp Legacy Program

To receive an electronic copy of previous newsletters, send us an email to RAD@hud.gov.