Sign Up For Novogradac Industry Alert Emails

HUD CLARIFIES RAD CONVERSION PROCESS

Friday, September 28, 2012 - 7:00AM

The U.S. Department of Housing and Urban Development (HUD) today published further instructions to owners who submitted requests under the Rental Assistance Demonstration (RAD) to convert Rent Supplement and Rental Assistance Payment to Project-Based Voucher assistance. The notice clarifies that owners who submitted requests under the partial implementation notice issued on March 8, and for which conversion processing was under way prior to the publication of the final RAD notice on July 26, may complete RAD conversions under the terms and requirements of the partial implementation notice.

Learn more about Novogradac's expertise and many services