Project-Based Rental Assistance
The Rental Assistance Demonstration (RAD) Program is a program of the Department of Housing and Urban Development (HUD) that seeks to preserve affordable housing.
The Rental Assistance Demonstration (RAD) allows Public Housing Agencies (PHAs) and owners of HUD-assisted properties to convert units to project-based Section 8 programs, providing an opportunity to invest billions into properties at risk of being lost from the nation's affordable housing inventory. Additionally, it gives owners of three HUD "legacy" programs (Rent Supplement, Rental Assistance Payment, and Section 8 Moderate Rehabilitation) the opportunity to enter long-term contracts that facilitate the financing of improvements. Even though a RAD property can use private money to make big repairs, it will still receive money from HUD. With this subsidy from HUD, PHAs will manage RAD properties through either the PBV or PBRA programs. RAD requires that converted properties be owned or controlled by a public or nonprofit entity.
Public housing across the country needs more than $26 billion in repairs and many public housing agencies (PHAs) do not have enough money to keep units in good condition. RAD provides PHAs a way to stabilize, rehabilitate, or replace properties.
The federally funded and income-based RAD program is designed to provide decent and safe housing to qualified persons. Unlike the Housing Choice Voucher (HCV) program, which provides rental assistance that is not tied to a specific unit, the Project-Based Rental Assistance Housing under the RAD program is attached to the structure or a specific unit, ensuring that the assistance is directly benefiting the residents and provides preservation of affordable housing in the community for years to come.
Visit the following pages to view information and photos of the PBRA properties at Hinesville Housing Authority:
