RC Update!
 
 
 
July 3, 2018 | Washington, D.C.
 
 
 

New RAD Notice & Supplemental Guidance


HUD published yesterday, via a new notice and supplemental guidance, important new information for implementing changes to RAD’s new authority in the FY18 Appropriations Act, along with details on 5 new innovative tools to simplify RAD conversions while extending its reach to additional public housing developments. Significant flexibilities were also outlined for the remaining Rent Supp, RAP and Mod Rehab properties yet to convert to long-term Section 8 contracts under RAD. (Information on converting Section 202 PRAC properties under RAD will be detailed in a forthcoming notice expected in the Fall).


Taken together, these resources continue to build RAD’s capabilities and flexibilities in truly preserving and recapitalizing the nation’s public and affordable housing stock. 


The July 2 RADblast! offers a good summary of these changes, along with direct links to the new notice and guidance, a revised FY16 RAD Rent table for the balance of FY18 and a version of the Revision 3 RAD Notice reflecting these changes. To access all this information, click here.


Most importantly, note that HUD will host a live webinar on the provisions of both notices on Monday, July 9, at 2P EST. You can register here to participate.

 
 
 
 
 

RAD Collaborative Regional Convening

Columbus, OH—July 16-17, 2018


After HUD’s webinar, the next best opportunity for learning more about all the new RAD changes will be at the Summer 2018 RAD Collaborative Summer Convening in Columbus. Registrations are nearing capacity, so be sure to register soon if interested in joining. 

  • Tom Davis, Director of HUD's Recap Office & Jane Hornstein, Director of HUD's Special Application Center will be on hand to offer further in-depth perspectives on the potential of the just-issued RAD notice and guidance—including what to expect in the upcoming notice on converting Section 202 PRAC properties under RAD.
  • Experienced RAD practitioners will help strategize on how to best apply the new RAD authority, tools and flexibilities. Plus, industry leaders will share insights into the state of the market with LIHTCs, Opportunity Zones, FHA financing and other evolving tools being used with RAD.
  • We’ll also undertake a new, next-level session about the tasks and challenges of moving an agency from the conventional public housing system to the Section 8/LIHTC platform.
  • A networking reception will conclude the day on July 17.
  • And the Columbus Metropolitan Housing Authority will host a pre-convening virtual tour and discussion about its RAD transformation efforts on July 16.


The primary Convening day will be July 17, 2018 at the Marriott Columbus University Area, 3100 Olentangy River Rd, Columbus, Ohio 43202 from 8:30 AM to 6:00 PM.


The pre-convening session will be July 16, 2018 at Columbus Metropolitan Housing Authority, 880 E 11th Ave, Columbus, Ohio 43211 from 3:00 PM to 5:00 PM.
 
 
Register for the Convening on July 17
 
Register Here for the Pre-Convening at CMHA on July 16
 
 
To join the CMHA discussion, email info@radcollaborative.org with the subject line "RSVP for July 16 CMHA Discussion." Participation in this session is limited to those joining the July 17th convening. 


 
 
 
Book Your Hotel Room Reservations
 
 

Sorry, our room block is completely sold out. However, contact the Marriott Columbus University Area directly here to check on additional availability.


 
 
 
Questions?
 
 
 

We Look Forward to Seeing You in Columbus!


—And thanks to our local hosts—Ohio Capital Corporation for Housing, Columbus Metropolitan Housing Authority,
National Church Residences & RED Capital—
 
 
 
 
Contact
 
 

radcollaborative.org

 
 
 
 

455 Massachusetts Ave, NW· Suite 425 · Washington, D.C. · 20001 

 
 
    
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