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RAD (Rental Assistance Demonstration) Consultant


Location
Utah
Publication Date
02/07/2019 04:07 PM EST
Closing Date
03/08/2019 11:00 AM EST
Issuing Organization
Salt Lake County Housing Authority
Solicitation Number
Description

Specifications include, but are not limited to: In the RAD program, Public Housing Authorities may apply to convert the type of assistance currently being received at one or more specific properties to a long-term, Section 8 Housing Assistance Payment (HAP) contract [two forms: project-based vouchers (PBVs) or project-based rental assistance (PBRA)]. A primary provision of RAD is to provide PHAs with access to debt financing to address a particular property’s immediate and long-term capital needs through rehabilitation. To qualify, PHAs must submit a timely application that meets both HUD program admission criteria and lender underwriting criteria. The RAD program is intended to test whether conversation of public housing properties and other HUD assisted properties to project-based Section 8 rental assistance will allow HACSL to access private debt and equity to address the properties’ immediate and long-term capital needs.

Source
https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=StateOfUtah (opens in a new window)

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