Novogradac Rental Assistance Demonstration Handbook
Working with the U. S. Department of Housing and Urban Development's RAD Program
The 2023 Novogradac Rental Assistance Demonstration Handbook is your guide to the U.S. Department of Housing and Urban Development’s (HUD’s) Rental Assistance Demonstration (RAD) program, from consideration through development and post-development compliance. The handbook provides an overview of the RAD program, recommended practices, tips to help make key decisions along the way and information to help navigate the complexities of the program.
The 2023 Novogradac Rental Assistance Demonstration Handbook includes chapters on deciding whether RAD is the right choice, what needs to be decided before beginning a RAD transaction, financing options, working with residents, going through the conversion, post-RAD compliance and accounting issues with RAD conversions. The handbook also features appendices with RAD statutory language, RAD notices and selected RAD tools.
The 2023 edition contains a new chapter on Faircloth-to-RAD conversions, with information for both public housing authorities and developers.
The 2023 Novogradac Rental Assistance Demonstration Handbook also includes updated sections on:
- RAD data,
- PHAs working with private developers,
- Determining RAD rent, and
- Using renewable energy tax credits.