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    The Restore-Rebuild initiative, formerly known as “Faircloth-to-RAD,” restores to active use rental assistance subsidies that have been lost from the affordable housing portfolio and rebuilds homes that were demolished or sold over the past 20 years.  By restoring this subsidy and rebuilding these homes, Restore-Rebuild allows HUD to serve more households with deep rental assistance needs.

     

    Restore-Rebuild brings together two HUD processes in one integrated system, allowing public housing authorities (PHAs) to combine public housing Mixed Finance development and a Rental Assistance Demonstration (RAD) conversion in an integrated transaction.  HUD has designed the process to avoid costly duplicative reviews and, after the units are built, HUD provides a long-term rental assistance contract tied to the property, ensuring that anyone who lives in the unit pays no more than 30% of their income toward rent.  Restore-Rebuild is a key tool for communities that need more rent-assisted housing – and over 50 PHAs have already started working on Restore-Rebuild projects. 

    Learn About Restore-Rebuild

    Access the facts below for answers to some basic questions about the Restore Rebuild.

    Restore-Rebuild helps address the crisis of affordability in our nation's housing supply.

    Many PHAs once had more public housing units than they do today and are authorized to rebuild units up to their existing “Faircloth Limit.”  Restore-Rebuild makes it easier for these PHAs to underwrite and develop these replacement public housing units, expanding the number of households they can serve under existing authorities.

    Restore-Rebuild allows housing authorities to restore lost rental assistance subsidies.

    Restore-Rebuild allows housing authorities to restore subsidies that were lost through the demolition or disposition of obsolete public housing units over the years.

    HUD provides a long-term rental assistance contract.

    HUD provides early commitment that upon completion of construction or rehab, the public housing units will be converted under RAD and placed under a 20-year project-based Section 8 HAP contract.  The Section 8 HAP contract ensures that eligible households who live in Restore-Rebuild homes pay no more than 30% of their income toward rent.

     

    In the Spotlight

    Walton Harbor in Gainesville, GA

     

    Here are a few highlights for Restore Rebuild:

     

     

    Training and Q&A

     

     

    Have Questions on Restore-Rebuild

     

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