…for at-risk public and assisted housing through HUD’s RAD program. The Department of Housing and Urban Development (HUD) is implementing a new Fast Track component to its Rental Assistance Demonstration program (better known by its catchy acronym: RAD), which provides access to viable financing tools for at-risk public and assisted housing. RAD Fast Track aims to address the overwhelming popularity of the RAD program by streamlining the process. HUD estimates that roughly 10,000 public housing units are lost to deterioration annually, while the need for affordable housing for low-income renters continues to skyrocket. The RAD program is a central part of HUD’s efforts to close this gap by preserving the country’s affordable rental housing, while at the same time adding value to it through privately-funded energy-efficiency improvements.
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June 06, 2025
In March 2025, the Federal Housing Finance Agency (FHFA) rescinded its 2022 directive that had imposed standardized radon testing requirements on all multifamily properties financed through Fannie Mae and Freddie Mac. The new radon policy was effective immediately; however, the agency guidance documents would be updated at a later date.
June 02, 2025
Matthew Marcus, Managing Director at Partner Engineering and Science Inc., was recently featured as a guest speaker by The Ground Investigation Podcast. He shares his extensive experience in geotechnical engineering, seismic resilience, and project management.
May 30, 2025
In today’s economic landscape, commercial real estate owners must use every tool available to protect the value of their facilities. One such tool that is often overlooked or mismanaged during a real estate acquisition is the existing roof warranty. Transferring an existing warranty ensures that your roof remains covered under manufacturer protections, preventing the risk of unexpected repair costs.
