PRAC Archives

Despite Structural Challenges, 202 Program Provides Lifeline to Senior Affordable Housing Industry

9 min read

For mission-committed developers who have taken up the task of building subsidized affordable housing for seniors, HUD’s Section 202 program has continued to provide a vital financial boost to new senior housing projects.

Leveraging Private Capital to Rehabilitate HUD Legacy and Public Housing Properties

HUD’s RAD Program

8 min read

Launched through federal legislation in 2012, the Rental Assistance Demonstration (RAD) program, administered by the U.S. Department of Housing and Urban Development (HUD), has leveraged over $19.3 billion in construction investment to improve or construct over 174,000 public housing units and 53,000 Section 8, tax credit and market-rate apartments co-located in these public housing communities.