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Legislation Would Extend RAD Program, Increase Unit Cap

Thursday, July 31, 2014 - 7:00AM

Rep. Robin Kelly, D-Ill., this week introduced a bill that would extend the U.S. Department of Housing and Urban Development (HUD) rental assistance demonstration (RAD) program through 2016 and would increase the program cap from 60,000 units to 150,000 units. The Rental Assistance Housing Preservation and Rehabilitation Act of 2014 (H.R. 5222) has been referred to the House Committee on Financial Services.

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