RADblast! Transaction Check-Ins and Join our Webinar on RAD Rents
Now that the federal government has resumed operations, the Office of Recapitalization's Transaction Managers and Closing Coordinators will be checking in with PHAs regarding Financing Plans and closing dates to facilitate transactions and complete conversions.
|Meanwhile, in case you missed it, before the end of the year, we published new RAD rents for public housing conversions based on final FY 18 Operating Fund and Capital Fund data. HUD will use these rents for any awards issued on or after January 1, 2019 and for current awardees that request to update the rents in their existing CHAPs. Please see the FAQs for additional information on the process of revising rents for existing CHAPs. In addition, we will host a webinar on Tuesday, February 5th at 1:00 PM EST to review the rents and answer your questions. Please register here.|
-The RAD Team
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