The RAD for PRAC Community of Practice helps HUD Section 202 owners navigate subsidy conversion possibilities through the Rental Assistance Demonstration. The RAD for PRAC Community of Practice will also facilitate learning amongst Section 202 owners on the RAD process as well as act as a feedback mechanism to HUD and Congress to improve RAD for PRAC.
Are you a 202/PRAC owner interested in talking to a RAD for PRAC Community of Practice advisor? If so, contact us via email.
What is the RAD for PRAC Community of Practice?
A platform where 202/PRAC owners contemplating subsidy conversions under RAD for PRAC can learn from trusted partners, RAD experts, and affordable housing experts as they begin their preservation journeys.
A way to facilitate learning and sharing among 202/PRAC owners on their RAD for PRAC experiences.
A way to improve RAD for PRAC by filtering experiences and suggestions from the RAD for PRAC Community of Practice to HUD and Congress to ensure the most effective housing preservation tool.
RAD for PRAC
Congress expanded HUD’s Rental Assistance Demonstration (RAD) affordable housing preservation tool to include Section 202 communities with Project Rental Assistance Contracts (PRACs) in 2018. RAD allows for the conversion of certain HUD subsidies to the Section 8 platform (either to Project-Based Rental Assistance or Project-Based Vouchers).