Rental Assistance Demonstration (RAD) Program
The Rental Assistance Demonstration Program was created in order to give public housing authorities, such as CMHA, a powerful tool to preserve and improve public housing properties.
In November 2007, Congress directed HUD to compute new national estimates of capital needs and compare them to prior estimates from 1998. HUD began the new study in April 2008 and determined the total capital needs estimate, commonly referred to as the “backlog,” is $25.6 billion or approximately $23,365 per unit. Read more...