RAD Archives

Case Study

COVID Relief Aids Housing, but There’s a Deadline

8 min read

The American Rescue Plan Act of 2021 (ARPA), the official name of the COVID stimulus bill, wasn’t associated with housing at the time.

icon Industry Insights

Public Housing Innovations

4 min read

The needs of the public housing portfolio are well documented: annual shortfalls in Congressional funding dating back to the 1980s have contributed to an estimated capital backlog of $70 billion.

icon The Guru Is In

Disrupting Public Housing Out of Faircloth

7 min read

In 1998, when North Carolina Democrat-turned-Republican Lauch Faircloth added the amendment for which he became infamous, the Department of Housing and Urban Development and Public Housing Authorities (PHAs) were in a protracted bureaucratic standoff combining the worst features of medieval sieges and the First World War.   

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.

Three Years On

Faircloth-to-RAD Helps Secure the Future of Public Housing

10 min read

In 2021, new guidance was issued by the Department of Housing and Urban Development that allowed Public Housing Authorities (PHAs) much-enhanced structure for mixed financing methods to expand their overall supply of units.

Case Study

Owens and Queen Manor Apartments in Dover, DE

RAD 2.0 Streamlines its Reach

7 min read

The Department of Housing and Urban Development’s (HUD) Rental Assistance Demonstration (RAD) program was a big idea: to raise money to rehabilitate crumbling old public housing properties by raising private equity and converting the buildings into project-based Section 8 developments.

Case Study

Energy Retrofits in New Mexico

6 min read

Residents at three public housing authority properties for Santa Fe County in New Mexico are happy to see solar panels installed on the roofs of their projects, as the arrays also come with 16 additional upgrades for the tenants.

icon The Guru Is In

How Long Does it Take to Fix A Mistake?

5 min read

How long does it take to fix an original-sin mistake?

Finding Purpose

9 min read

Imagine living in an old school, mill or a historic hotel.