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HUD INVITES COMMENTS ON RAD PROCESSING REQUIREMENTS

Wednesday, August 15, 2012 - 7:00AM

The U.S. Department of Housing and Urban Development (HUD) today released for comment supporting contracts and processing requirements for converting certain HUD-assisted properties to Section 8 properties under the Rental Assistance Demonstration (RAD) program. HUD says the processing requirements are intended to demonstrate the applicant’s ability to leverage private financing to address immediate and long-term capital needs, improve operations and implement energy efficiency improvements. Comments on the notice are due October 15.

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