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November 12, 2014: CBPP Report Recommends Lifting the RAD Cap to Preserve Developments for Seniors, People With Disabilities, and Families With Children

A recent report by the Center on Budget and Policy Priorities recommends to Congress to: (1) include the Senate Appropriations bill that raises the RAD unit conversion cap from 60,000 to 185,000 units, (2) provide $10 million to fund incremental RAD subsidies, and (3) allow HUD to accept public housing applications for RAD until September 2018. The report states that the bill would allow the already existing waitlist of 124,000 public housing units to convert under RAD. You can read more about CBPP’s report here and learn more about RAD at NHLP’s new RAD website.

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