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Partner Engineering and Science, Inc.
Partner Engineering and Science, Inc.
You are here: Home » Resources » Articles » This is RAD!

January 31, 2014

This is RAD!

By Partner ESI

HUD’S NEW RAD PROGRAM OFFERS EXCITING OPPORTUNITIES TO IMPROVE THE STATE OF THE US AFFORDABLE HOUSING STOCK.

The U.S. Department of Housing and Urban Development’s (HUD) mission has always been the same: to provide affordable housing. During the most recent (and ongoing) recession, HUD-Insured Loans remained a viable alternative to Government National Mortgage Association (GNMA), Fannie Mae, and Freddie Mac, offering fully amortized long-term loans to multifamily and healthcare properties. However, history has shown that HUD is a counter-cyclical funding finance vehicle. How can HUD nurture their mission in an evolving cycle? The answer may lie in the aging public housing inventory.

Continue reading the GlobeSt blog here.

About the Authors

Partner ESI

Partner ESI

Partner Engineering & Science, Inc. is a full-service engineering, environmental, and energy consulting and design firm with over 1,000 professionals with experts based in locations throughout in the United States, Canada, Caribbean & Latin America (CALA), and Europe. As industry leaders in due diligence assessments, they bring over 100 years of collective experience to complex engineering challenges and risk management in commercial real estate and development. Founded on technical excellence and client service, Partner's team includes licensed Professional Engineers, Environmental Professionals, Geologists, Architects, LEED Accredited Professionals, and other credentialed specialists who provide comprehensive solutions across the real estate lifecycle. Their deep expertise spans environmental site assessments, property condition assessments, seismic risk analysis, construction risk management, industrial hygiene, energy efficiency consulting, regulatory compliance, and more.

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