Policy & Legislation
CLPHA recently learned of changes in HUD’s Tenant Protection Voucher (TPV) issuance policy that creates uncertainty for Rental Assistance Demonstration (RAD) conversion transactions that rely upon the ability to project-base TPVs for converted public housing units.
From HUD Multifamily Housing’s Office of Recapitalization’s RADBlast! Newsletter:
From the Commercial Observer: Up to $3.1 billion in capital financing for improvements will be coming to New York City Housing Authority complexes across the city from private sector joint ventures, the agency announced.