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CoreData.nyc

Directory of NYC Housing Programs

Rental Assistance Demonstration (RAD)

The Rental Assistance Demonstration (RAD) was created in order to give Public Housing Authorities (PHAs) a powerful tool to preserve and improve public housing properties and address the $26 billion dollar nationwide backlog of deferred maintenance. RAD also gives owners of three of the U.S. Department of Housing and Urban Development’s (HUD) legacy programs – Rent Supplement, Rental Assistance Payment, and Section 8 Moderate Rehabilitation – the opportunity to enter into long-term contracts that facilitate the financing of improvements. In RAD, units move to a Section 8 platform with a long-term contract that, by law, must be renewed. This ensures that the units remain permanently affordable to low-income households.

Program Information Help Icon

  • Supply/Demand: Supply, Demand
  • Category: Rental Subsidies and Assistance
  • Scale: Very Large Scale (over 10,000 units)
  • Timeframe: 2013 - Present
  • Occupancy tenure: Rental
  • Building Type: Multi-family
  • Developers/Owners: Non-profit, For-profit
  • Income Restrictions: Low-income

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