RAD 2022 Update
March 2022
Key Background and Features of the
RAD Program
• The Rental Assistance Demonstration Program, otherwise known as RAD, is a Department of Housing and Urban Development (HUD) program that provides the opportunity for Public Housing units to convert to Section 8 Project-based housing.
• The program was established by Congress in 2012 to help address a $26 Billion nationwide backlog of deferred maintenance within the Public Housing program. • Provides predicable, long term assistance that is not reliant on Federal Funding decisions. Housing Assistance Payment contracts are for a duration of 20 years and must be renewed.
• Properties are required to remain affordable in perpetuity, and are governed by multiple regulatory agreements and the long term HAP Contract. • RAD properties must be owned or controlled by a public or non-profit entity. • RAD allows for Public Housing properties to leverage debt and to attract private investment (e.g. Section 42 Tax Credits)
First 5 years of RAD [2019 to 2024]
Name of Project # of Units Stage of
Development
Final or
Anticipated Total
Development Cost
($ in millions)
Completion Date
[Anticipated]
RAD Pilot 124 Construction
Completed
$25.3 July 31, 2021
Central City I 192 Financing secured;
Construction
started.
$66.4 [November 17,
2022]
Central City II
(placeholder name)
182 Pre-development [$73.7] [Mid to late 2024]
Central City III
(placeholder name
80 RAD application
approved;
development not
yet started.
N/A [Depends on scope
of work; no date
determined]
Future Projects
Public Housing AMPs Predevelopment Start Time
Marina Vista 2024
Meadow Commons (Scattered Sites) 2025
Sun River (Scattered Sites) 2026
The Mill (Scattered Sites) 2027
Rio Garden (Scattered Sites) 2028
Oak Park (Scattered Sites) 2029
Pointe Lagoon (Scattered Sites) 2030
Alder Grove 2031
Perry Avenue
Issues Addressed:
Exterior Dry Rot
New Roofing and Gutters
Installation of Dry Well
ADA upgrades for laundry room and 2
residential units
Upgraded finishes in kitchen, bathroom
New Flooring
New Paint
New HVAC
New Water Heaters
Perry Avenue ( Post Construction
Exteriors continued)
Perry Avenue (Interiors Post
Construction)
Perry Avenue (Interiors Post
Construction)
Perry Avenue (Interiors Post
Construction)
Folsom Blvd
Issues Addressed:
New Exterior/Interior Paint
Window Replacement
New Floors
Kitchen/Bathroom Finishes and Cabinetry
Parking lot seal and restripe
LiquiCoat Vapor Seal and Charcoal Air
Filters
Folsom Blvd Exterior Post
Construction
• After (Replaced windows after initial exterior work)
Folsom Blvd Interior Post
Construction
Folsom Blvd Interior Post
Construction
1043 43rd Avenue
Items Addressed
• HVAC
• Siding
• New Windows
• Kitchen and Bathroom
Finishes
• Community Room
rehabilitation
• ADA Modifications
1043 43rd Avenue Exteriors Post
Construction
1043 43rd Avenue Interiors Post
Construction
Elk Grove Blvd
Items Addressed
New HVAC
Bathroom and Kitchen Finishes
New Cabinets and Counters
New Flooring
ADA Upgrades
New Interior/Exterior Paint
Elk Grove Blvd Exterior Post
Construction
Elk Grove Blvd Interiors Post
Construction
Elk Grove Blvd Interiors Post
Construction
El Paraiso
Items Addressed
Dry Rot Repair
New Windows
Exterior and Interior Paint
ADA Upgrades
New Floors
Kitchen and Bath finishes
New cabinets and countertops
El Paraiso Exterior Post Construction
El Paraiso Interior Post Construction
continued
El Paraiso Interior Post Construction
Continued
Walerga Rd
Items Addressed
• New Flooring
• New Bathroom and Kitchen
Fixtures and Finishes
• New Cabinets
• Microwaves added
• ADA Improvements
Walerga Post Construction Interiors
Exterior Improvements - Walerga
Central City I Project – In
Progress Photos
1820 Capitol Avenue - Exterior
1820 Capitol Avenue – Common Areas
1820 Capitol Avenue – Unit Demolition
Proposed Exterior Color Scheme
626 I Street – Exterior
626 I Street – Common Areas
626 I Street Interior Units