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.
Restore-Rebuild allows housing authorities to restore lost rental assistance subsidies.
HUD provides a long-term rental assistance contract.
In the Spotlight
Here are a few highlights for Restore Rebuild:
- Case Study: Curtis Apartments, a Redevelopment Project of the Worcester Housing Authority in Massachusetts
- Upcoming Events: December 2024 Peer-to-Peer Learning Session: Details to Come!
- As stipulated in the RAD Supplemental Notice 4B, HUD has completed an analysis of the rent setting authorities set forth in Supplemental Notice 4B as of September 30, 2024 and has determined it will continue accepting applications for NARRs for additional units as long as the requesting PHA has adequate reserve levels to support any proposed rent augmentation.
- Restore-Rebuild Webinar (formerly known as Faircloth-to-RAD)
- Watch the recorded webinar here.
- Presentation Slides
- Q&A
- Peer-to-Peer Learning Sessions on the RAD Resource Desk
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