New Funding for Preservation Rent Increases for RAD for PRAC Conversions RAD Case Study: Palm Harbor Apartments Mark your Calendars for Upcoming RAD Office hours!   New Funding for Preservation Rent Increases for RAD for PRAC Conversions Section 202 Project Rental Assistance Contract (PRAC) properties converting through the Rental Assistance Demonstration (RAD) that require deeper investments may be eligible for a “Preservation Rent Increase” to ensure long-term viability and preserve critical housing serving the elderly. In the recently passed Appropriations bill, Congress provided an additional $4 million in funding to support Preservation Rent Increases for RAD for PRAC Conversions. This new funding amount replenishes prior appropriations from 2022 and 2023, which have largely been committed to completed conversions, and will help more properties move forward with needed rehabilitation and preservation work. Eligibility for the Preservation Rent Increase is described in Housing Notice 2025-04. Owners can submit requests for Preservation Rent Increases through the RAD Resource Desk. RAD Case Study: Palm Harbor Apartments Learn how a 202 PRAC property in North Fort Myers, Florida used RAD to drive transformation and undertake major rehabilitation. By accessing new financing through RAD, the community was able to correct accessibility deficiencies, incorporate modern design features, and make significant upgrades to building systems, interior common areas, and unit interiors, strengthening long-term viability and improving the quality of life for residents. Find out more here: RAD for 202 PRAC at Palm Harbor Apartments.
Mark Your Calendars for Upcoming
RAD Office Hours! RAD Office Hours for PHAs and Partners The next RAD training for PHAs and their partners will be held on February 24th at 1 P.M., ET. This session will focus on RAD/Section 18 Small PHA Blends with Streamlined Conversions. Join February RAD Training for PHAs Via Microsoft Teams Meeting ID: 256 744 016 944 4 Passcode: Hz3A3bx9 Dial in by phone +1 202-510-9533, 24950513# RAD Office Hours for 202 PRAC Owners   The next office hours for 202 PRAC owners and their partners who are contemplating RAD will be held on February 24th at 3 P.M., ET. Join February RAD for 202 PRAC Office Hours via Microsoft Teams Meeting ID: 246 316 905 744 49 Passcode: Zz9PR9zh Dial in by phone +1 509-904-0877, 96222261# RAD Resident Engagement Office Hours The next resident focused office hours will be held on March 18th at 2 P.M., ET. Everyone is welcome to join, including residents, advocates, and other stakeholders who work directly with residents. Join March RAD Resident Engagement Office Hours via Microsoft Teams Meeting ID: 235 432 705 162 63 Passcode: 646o6s6m Dial in by phone +1 202   Recordings of the previous RAD/Section 18 Blends trainings are now posted on the RAD Resource Desk: RAD/Section 18 Construction Blends (September 2025) RAD/Section 18 Small PHA Blends (December 2025) 50 and Under: RAD/Section 18 Small PHA Blends and Streamlined Conversions (January 2026)