RADblast! RAD Celebrates 100,000 Units Preserved
We have hit 100,000 public housing units converted and preserved through RAD! HUD Secretary Ben Carson, Assistant Secretary for Housing Brian Montgomery, and Multifamily Office of Recapitalization Director Tom Davis were joined by the Housing Authority of the City of Austin and additional officials in Austin, Texas, today to celebrate this momentous occasion.
|You can read about the event here. Without RAD, it would take public housing authorities 46 years to chip away at the $35 billion deferred maintenance backlog, and we've made major headway in just six years. Thank you to all the public housing authorities and partners who have worked with us to preserve these units. Read more about this milestone in our graphic flyer here that shows both the growth of RAD across the USA and into the future.|
-The RAD Team
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