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HUD INVITES COMMENTS ON RAD PROCESSING REQUIREMENTS

Tuesday, October 23, 2012 - 1:15AM

The U.S. Department of Housing and Urban Development (HUD) today invited comments on supporting contracts and processing requirements for the Rental Assistance Demonstration (RAD). As part of the processing requirements, HUD will request supplementary documentation and information from participating public housing and Moderate Rehabilitation property owners to determine which applicants continue to meet the program’s mission. In addition, HUD will require all RAD applicants to sign contractual documents to complete conversion. Draft versions of the processing documents and the contractual documentation are available on HUD’s website. Comments must be received by Nov. 23.

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