GAO Report Calls for HUD to Improve RAD Metrics, Oversight

Thursday, March 22, 2018 - 1:45PM

The U.S. Department of Housing and Urban Development (HUD) should improve its metrics to measure the success of the Rental Assistance Demonstration (RAD), according to a report from the Government Accountability Office (GAO) to Congress that was released Thursday. The report, “Rental Assistance Demonstration: HUD Needs to Take Action to Improve Metrics and Ongoing Oversight,” recalculates some of HUD’s measurements and says that quality information is crucial to demonstrate the feasibility of RAD conversions. Among the report’s recommendations are to better select inputs for and identify measurement goals of the leverage ratio measurements, to implement and monitor procedures to ensure that resident safeguards are implemented, to determine how to better use databases to analyze RAD resident protections, and to prioritize and implement procedures to assess risks to the preservation of unit affordability.

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