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09.21.12

RAD Mod Rehab Aplications

Under the final RAD Notice, competitive applications for conversion from the Section 8 Mod Rehab program to either section 8 Project-Based Rental Assitance contracts or Section 8 Project-Based Voucher contracts could be submitted starting on Monday, September 24, 2012 through Wednesday, October 24, 2012.  Although there is no advantage to early submission, there are owners and PHAs who were ready to submit applications starting next Monday.  However, HUD has not yet posted the final application on the RAD website and until the final application is completed and posted on the RAD website owners should not be submitting applications.  In addition, the final application should contain a number of corrections and clarifications.  For instance, although the draft application appears to provide for a PHA to designate a Mod Rehab project as a priority project for scoring purposes, as indicated in the Final Notice, it is actually the owner of the project who can designate the project as a priority.  Hopefully, the final application will be posted soon.