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Holly Knight, Vice President of Development, BGC 202-699-1998 holly@thebennettgrp.net. Judy Vandyke, Managing Partner, CEO (334) 321-0529 judy@thebennettgrp.net. RAD Update. HUD has asked for the 60,000 RAD cap to be lifted in 2015 budget
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Holly Knight, Vice President of Development, BGC 202-699-1998 holly@thebennettgrp.net Judy Vandyke, Managing Partner, CEO (334) 321-0529 judy@thebennettgrp.net
RAD Update • HUD has asked for the 60,000 RAD cap to be lifted in 2015 budget • 176,048 Units submitted to date/HUD STILL Accepting Applications • 76% of the PHAs with CHAP awards have proposed to convert entire stock RAD Application by
PH Development Resources Note: Not listed PHA PBV at FMR, PHA Cost Center Funds, Admin Fees
PHA RAD Roundtable • What happens to the PHA Board? • How does the cost center get funding? • Can I still manage my PHA? • Will I lose control?/Do I have control now? • What happens to the rest of my portfolio? • What if I am a small PHA? • What monitoring goes away?
RAD Roundtable • Is RAD working for PHAs with great need/low need? • Is RAD for strong markets only? • What are you finding with you PCNA? • What if I need 4% Credits or 9% are there enough? • Are you updating policies for RAD?