RAD (Rental Assistance Demonstration)
See also: RAD CASE STUDIES
- Analyze public housing portfolio and feasibility of RAD conversion
- Work closely with the Public Housing Authority (PHA) to prepare RAD Applications to HUD
- Work with HUD to process RAD application(s) and issue CHAPs
- Assist in the financing plan preparation and tracking milestones for HUD
- Collaborate and Organize a “RAD team” including attorney’s and other third party consultants.
- Land purchase/lease analysis and acquisition support
- Collaborate with attorneys and consultants on document preparation and review
- Financing application preparation or assistance (including but not limited to AHP, CDBG, HOME, CTCAC, CDLAC, RAD, HUD Mixed Finance and other state and local financing sources)
- Financial modeling and analysis throughout the pre-development period
- Advise clients on financial strategies to maximize equity and bond or loan proceeds raised
- Negotiation on behalf of or with PHA, with lenders and investors on deal terms
- Assist in the due diligence process, including, but not limited to: data gathering and dissemination, title and survey and insurance
- Work with General Contractor and Architects to design and/or value engineer a quality, cost efficient development that will have longevity for the owner
- Coordination with local jurisdiction on entitlements and building permits
- Construction Management Oversight
