On July 26, the HUD’s final rule on Rental Assistance Demonstration ("RAD") was published in the Federal Register. RAD allows public housing agencies and owners of certain federally-assisted housing properties to convert current levels of government assistance into long-term contracts.
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HUD publishes final rule on Rental Assistance Demonstration
- Orrick Herrington & Sutcliffe LLP
- USA
- July 30 2012
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Sonja Sarantis
Legal Counsel
State Street Bank and Trust Company