Housing Plus

Housing Plus

Guidance and legal insight for all aspects of housing and community development

By the Housing Group at Ballard Spahr

Tag Archives: RAD

HUD Webinar on RAD Construction Completion Certification & Minority Concentration Analysis Mapping Tool

Posted in Fair Housing, Public Housing, RAD
On Thursday, November 9, 2017 HUD hosted a live webinar to provide an overview and discussion of the recently developed Completion Certification and the RAD Minority Concentration Analysis Tool. A video of the webinar can be found here along with slides from the presentation. Construction Completion Certification. Once construction or rehabilitiation is complete, Section 1.13(B)(6) of… Continue Reading

HUD Reminds RAD Participants of HAP Effective Date Flexibility

Posted in Low Income Housing Tax Credits, Policy, RAD
As we head into the fourth quarter, HUD sent out an e-mail reminder Friday afternoon about flexibility when establishing Housing Assistance Payments (HAP) contract effective dates in Rental Assistance Demonstration (RAD) transactions. The January 2017 revision to the RAD Notice at Section 1.13(B)(5) gives Project Owners the ability to establish a HAP contract effective date… Continue Reading

RAD closing deadlines for CY 2017

Posted in Government-Assisted Housing, Public Housing, RAD, Section 8
HUD’s Office of Recapitalization recently released a memo to all CHAP awardees setting forth closing deadlines for CY 2017 RAD transactions. Awardees should be especially  mindful of these intermediate deadlines to ensure that their RAD projects can be promptly processed.   Step Deadline to close by June 30, 2017 Deadline to close by Nov. 30, 2017 Deadline to close by Dec. 31,… Continue Reading

HUD Publishes Further Revisions to RAD Notice

Posted in Community Development, Fair Housing, Government-Assisted Housing, Low Income Housing Tax Credits, Public Housing, RAD, Section 8, Tax Credits
In an announcement on January 12th, the U.S. Department of Housing and Urban Development (HUD) published a significant third revision to the Rental Assistance Demonstration (RAD) Notice (PIH 2012-32/ H 2017-03 Rev-3). According to HUD, the RAD notice was revised in order to maintain the increased pace of RAD transactions in a manner that is… Continue Reading

HUD Publishes Guidance on Disposition of Particular Public Housing Property

Posted in Public Housing, RAD
On November 29, 2016, HUD published Notice PIH 2016-20 (HA) on the subject 2 CFR 200.311(c)(1) Disposition Instructions for the Public Housing Agency (PHA) Retention of Certain Public Housing Real Property (that is no longer used or was never used for public housing dwelling purposes) Free from Public Housing Use Restrictions (the “Notice”).  The Notice… Continue Reading

Ballard Spahr provides comments to HUD’s proposed revisions to RAD documents

Posted in Government-Assisted Housing, Legislative Initiatives, Policy, RAD
As a follow-up to our March 24, 2016 post, on May 16, 2016, Ballard Spahr submitted comments to the U.S. Department of Housing and Urban Development (HUD) on proposed revisions to documents used in the Rental Assistance Demonstration (RAD) Program, including the Housing Assistance Payments (HAP) contracts, RAD Use Agreement, RAD Conversion Commitment, and Financing… Continue Reading

HUD soliciting public comments on revised and new RAD forms

Posted in Government-Assisted Housing, Legislative Initiatives, Policy, RAD
On March 17, 2016, HUD published a notice in the Federal Register to announce that  as part of the process to renew the use of the form documents used under both the 1st and 2nd Component of its Rental Assistance Demonstration (RAD) Program, HUD is soliciting public comment on the revised,  and in some cases,… Continue Reading

OIG audit finds RAD risk assessment inadequate

Posted in Government-Assisted Housing, Policy, Public Housing, RAD
The HUD Office of Inspector General (the “OIG”) recently released an audit of the front-end assessment (“FERA”) undertaken for the Rental Assistance Demonstration’s (the “Demonstration”) first, or public housing, component. A FERA is a formal review by the applicable program office to determine a new program’s susceptibility to waste, fraud, abuse, and mismanagement and to… Continue Reading

Join us for a free RAD webinar exploring the recent Revised Notice

Posted in Community Development, Government-Assisted Housing, Policy, RAD
HUD recently published a Revised Notice for the growing Rental Assistance Demonstration (RAD) program. The Notice clarifies long-term project funding eligibilities and provides guidance on the overall conversion process, the points of which are detailed on our blog. The Ballard Spahr RAD team is excited to announce a free webinar luncheon event on July 14 that… Continue Reading

HUD publishes impactful Revised Notice for RAD

Posted in Community Development, Government-Assisted Housing, Legislative Initiatives, Policy, Public Housing, RAD
HUD published revised Rental Assistance Demonstration (RAD) Notice, PIH 2012-32, REV-2, on Monday, June 15. The Notice addresses stakeholder feedback on RAD’s transactional and operational issues, and also incorporates key changes to the program’s Congressionally-authorized unit cap expansion from 60,000 to 185,000 conversions. Some of the most notable revisions include clarifications to long-term project funding… Continue Reading

Thomas R. Davis appointed as the new Director of HUD’s Office of Recapitalization

Posted in Government-Assisted Housing, Low Income Housing Tax Credits, Multifamily, Public Housing, RAD
Last week, HUD’s Office of Multifamily Housing Programs announced Thomas R. Davis as the new Director of the Office of Recapitalization. Mr. Davis will oversee the Office’s efforts to further financial stability and viability for the preservation and recapitalization of affordable housing. The Office’s key programs include Mark-to-Market (M2M), Section 236 Preservation, Senior Preservation Rental… Continue Reading

Looking forward to the annual conference of the ABA Forum on Affordable Housing and Community Development Law

Posted in Community Development, FHA and GSE Financing, Government-Assisted Housing, Policy, Public Housing, RAD, Tax Credits
From May 20-22, a handful of our bloggers will speak at the ABA Forum on Affordable Housing and Community Development Law in Washington, D.C. – an annual meeting that brings together pertinent developments, resources, strategies, and insights within the affordable housing and community development law community. Molly R. Bryson, one of the Conference Planning Chairs, will… Continue Reading

El Paso RAD transaction converting 1,590 units at 13 sites closes

Posted in Housing Bonds, RAD, Supportive Services, Tax-Exempt Bonds
On April 9, 2015, the Housing Authority of the City of El Paso (HACEP) and its development, private equity and lending partners closed Phase I of the largest Rental Assistance Demonstration (RAD) project in the country. Hunt Development Group has joined HACEP in undertaking the development, preservation and rehabilitation of all of the 1,590 existing… Continue Reading

HUD clarifies how Davis-Bacon applies to Project-Based Voucher and RAD Programs

Posted in Government-Assisted Housing, Public Housing, RAD, Section 8
On March 9, 2015, U.S. Department of Housing and Urban Development (HUD) published a new notice pertaining to the applicability of Davis-Bacon labor requirements to housing considered to be “existing” housing under the project-based voucher (PBV) program (the Notice).  The notice supplements HUD’s June 25, 2014 final rule that amended the PBV regulations as well… Continue Reading

Please join us for the fifth annual Western Housing Conference

Posted in Budget, Community Development, Enforcement, Fair Housing, FHA and GSE Financing, FHA-Insured Financing, Government-Assisted Housing, GSE Financing, Housing Bonds, Legislative Initiatives, Multifamily, Policy, Public Housing, RAD, Section 8, Single-Family, Tax Credits, Tax Reform, Tax-Exempt Bonds
Several exciting developments have recently brought changes to the affordable housing industry and we are inviting you to explore them with us at our fifth annual Western Housing Conference. Ballard Spahr and CSG Advisors are pleased to announce this year’s Best of the West in Affordable Housing Development and Financing conference on March 13, in… Continue Reading

Affordable Housing Finance interviews Housing Plus’s Amy McClain about RAD’s future

Posted in Government-Assisted Housing, Legislative Initiatives, Low Income Housing Tax Credits, Policy, Public Housing, RAD, Section 8
In an interview with Affordable Housing Finance, Amy M. McClain (one of our bloggers!) was among industry leaders interviewed about the impact of HUD’s Rental Assistance Demonstration (RAD) program.  While the article profiled the Cambridge (MA) Housing Authority and its closing of the first tranche of a portfolio-wide conversion, the article also assessed the prospects for RAD.  Amy offers insights… Continue Reading

HUD provides supplemental guidance on RAD processing and the 2015 appropriations bill

Posted in Budget, Government-Assisted Housing, RAD
Yesterday afternoon, HUD distributed it’s latest with supplemental guidance related to the implementation of statutory changes to the Rental Assistance Demonstration (RAD) program and the processing of RAD applications in light of the increase of the unit cap for the first component from 60,000 units to 185,000 units.  Key elements in the supplemental guidance include:… Continue Reading

HUD issues notice on processing RAD applications

Posted in Government-Assisted Housing, RAD
HUD issued a notice in today’s Federal Register on the process it will follow in processing applications for first component Rental Assistance Demonstration conversions that are on HUD’s waiting list.  The original authorization for RAD in the fiscal year 2012 appropriations act authorized 60,000 units for conversion.  After receiving applications meeting the 60,000 unit cap, HUD started its RAD waiting list in… Continue Reading

HUD PIH issues Equal Access Rule implementation guidance

Posted in Enforcement, Fair Housing, Government-Assisted Housing, Public Housing, RAD, Section 8
HUD’s Office of Public and Indian Housing (PIH) recently issued PIH 2014-20 (PIH Notice) providing guidance to public housing authorities (PHAs), PHA affiliates and instrumentalities, mixed-finance owners and owners of Section 8-assisted properties regarding the implementation of the final rule entitled Equal Access to Housing in HUD Programs Regardless of Sexual Orientation or Gender Identity… Continue Reading

HUD continues reorganization of key leadership

Posted in FHA and GSE Financing, FHA-Insured Financing, RAD
As part of its efforts towards continued reorganization, the U.S. Department of Housing and Urban Development (HUD) has recently announced changes to the Office of Multifamily Housing leadership staff.   Mark Van Kirk, the Director of Asset Management, and Margaret Salazar, Director of the Office of Affordable Housing Preservation (OAHP) will each be stepping down from… Continue Reading

Evolving trends in Maryland affordable housing

Posted in Budget, Fair Housing, FHA and GSE Financing, Government-Assisted Housing, Legislative Initiatives, Low Income Housing Tax Credits, Policy, Public Housing, RAD, Section 8, Senior Housing, Tax Reform
On April 30th Ballard Spahr was proud to host representatives from the Maryland Department of Housing and Community Development (DHCD), the Maryland Attorney General’s office, Pennrose Properties and AGM Financial to discuss evolving trends in affordable housing development in Maryland.  The briefing, held in Ballard Spahr’s Baltimore office, included: A discussion by Pat Sylvester, the… Continue Reading

Is it time to take the “Public” out of Public Housing?

Posted in Government-Assisted Housing, Legislative Initiatives, Policy, Public Housing, RAD
The public housing program, our nation’s first investment in housing, is 77 years old this week. Although for most of the last 20 years much of the funding for revitalizing public housing has come from private sources, in the minds of the average American, public housing is a government program that should be accountable solely to… Continue Reading