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Office of Recapitalization


Office of Recap Preservation Mission Image

The Office of Recapitalization (“Recap”) supports the preservation and recapitalization of federally-assisted housing and rental assistance for current and future generations. Recap structures, reviews, and implements transactions to ensure long-term physical and financial viability, often through public-private partnerships and the use of tax-incentivized financing. Recap also implements other affordable housing initiatives which leverage this transactional expertise. Programs currently or recently implemented by Recap include the Rental Assistance Demonstration (RAD), Mark-to-Market (M2M), Section 236 Preservation, Pre-1974 Section 202 Direct Loan Preservation (including SPRAC), Section 202 Capital Advance NOFAs, Tenant and Community Engagement Initiatives, and the Green Retrofit Program.


Recap Highlights
RAD in Fort Worth TX

April 12, 2022

Fort Worth Housing Solution used RAD and the option to transfer assistance to replace the deep subsidy from Butler Place in new mixed-income communities across Fort Worth, deconcentrating poverty.  

View the Photo Essay.
RAD in Portsmouth OH

March 3, 2022

New Executive Director Q&A: Portsmouth Metropolitan Housing Authority, Portsmouth, OH.  

Read our discussion.
RAD Residents Fact Sheets

January 25, 2022

New Resident Fact Sheets for residents of public housing properties that maybe participating in RAD.  

Visit our web page.

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