Questions? Feedback? powered by Olark live chat software

Alden Torch Financial

What is the Rental Assistance Demonstration (RAD) Program?

What is the Rental Assistance Demonstration (RAD) Program?

The Rental Assistance Demonstration (RAD) Program is a federal housing program administered by HUD, which was enacted in 2012 as a part of the Consolidated and Further Continuing Appropriations Act. The RAD program allows properties using HUD legacy programs to convert their properties to HUD Section 8 housing, which is much better understood, and more easily permits the use of private capital to fund rehabilitation work.

The Low-Income Housing Tax Credit (LIHTC) Program and HUD Multifamily Loans

The Low-Income Housing Tax Credit (LIHTC) Program and HUD Multifamily Loans

The Low-Income Housing Tax Credit (LIHTC) program is a federal government tax credit, that, since 1986, has helped facilitate the construction and rehabilitation of approximately 2.4 million affordable housing units througout the U.S. Unlike tax deductions, which create a reduction in taxable income, tax credits provide a dollar-for-dollar reduction in an investor’s tax liability, which can be an incredibly attractive proposition.