HUD’s Office of Recapitalization (Recap) has posted Spanish versions of fifteen Rental Assistance Demonstration (RAD) fact sheets intended to help public housing residents better understand the RAD conversion process. The fact sheets cover residents’ rights before and after RAD conversion. English versions of the fact sheets were posted earlier this year (see Memo, 2/7 and 2/22).
As part of the “FY12 HUD Appropriations Act,” the U.S. Congress authorized the Rental Assistance Demonstration (RAD) to help preserve and improve public housing and other HUD-assisted housing. RAD allows public housing agencies (PHAs) and owners of private, HUD-assisted housing to leverage Section 8 rental assistance contracts to raise private debt and equity for capital improvements. RAD has two components, the first of which pertains to public housing, the subject of the new Recap fact sheets.
Read the fact sheets at: https://bit.ly/3g7WZPu
Read more about RAD on NLIHC’s public housing webpage at RAD: Key Features for Public Housing Residents and on page 4-42 of NLIHC’s 2022 Advocates’ Guide.