- New RAD Supplemental Notice 4B. The new Supplemental Notice implements additional budget authority and new flexibilities for Section 202 PRAC conversions; strengthens and expands resident engagement requirements; establishes new energy efficiency and climate resilience standards and requirements; and makes it easier for PHAs to use “RAD & Section 18 Blends” or the new “Faircloth-to-RAD” process to transform and expand their affordable housing stock. (7/27/2023)
The below guides and resources may be useful for PHAs that may be considering applying or are planning for a RAD public housing conversion.
RAD Rents for Public Housing Conversions
- 2022 RAD Rents: The table includes HUD's calculations of RAD Contract Rents for each public housing property based on 2022 Appropriation levels. The file incorporates the FY23 Operating Cost Adjustment Factors (OCAFs) and includes comparisons to FY23 Fair Market Rents (FMRs). These rents will form the basis of the conversion rents for properties awarded CHAPs or with amended CHAPs on or after January 1, 2023. (Published 12/5/2022. Note: Use Microsoft Edge or Internet Explorer to View/Open the Excel File).
RAD Guides and References