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This is RAD!

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.

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