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Novogradac Rental Assistance Demonstration Handbook
Working with the U. S. Department of Housing and Urban Development's RAD Program
The 2021 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, best practices, tips to help make key decisions along the way and information to help navigate the complexities of the program.
The 2021 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 and post-RAD compliance. The handbook also features appendices with RAD statutory language, RAD notices and selected RAD tools.
The 2021 edition contains a new chapter on accounting issues with RAD conversions, including such topics as HAP issuance and transferring the project, fees for service or cost allocation, recording the sale of a public housing property, whether to change fiscal years and more.
The 2021 Novogradac Rental Assistance Demonstration Handbook also includes updated sections on:
- Investment, jobs and homes created by RAD,
- Funding for PHAs from the CARES Act,
- Alternative to group resident meetings because of the COVID-19 pandemic.
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