Cityscape: The Rental Assistance Demonstration/The Hispanic Housing Experience in the United States

Cityscape 2021

486 Pages Posted: 31 Aug 2021

See all articles by Mark D. Shroder

Mark D. Shroder

U.S. Department of Housing and Urban Development - Position given for identification purposes only. The Department of HUD is not responsible for any opinions expressed in this publication.

Michelle Matuga

U.S. Department of Housing and Urban Development

Date Written: July 2021

Abstract

The Rental Assistance Demonstration (RAD) was authorized by Congress in 2012 to stem the potential loss of public housing and other subsidized housing units due to the growing backlog of unfunded capital needs. The program converts public housing properties to project-based Section 8 contracts—either project-based vouchers (PBV) or project-based rental assistance (PBRA)—with the expectation that this will provide a more predictable long-term annual funding stream. This should, in turn, allow PHAs to leverage external sources of capital to pay for rehabilitation costs and/or to create capital reserves to ensure that a property remains financially and physically viable. By preserving these affordable housing units, RAD ensures affordable housing units can continue to house assisted families in the future. A central component of RAD is that the conversions should not only benefit future assisted families but also the current residents of buildings undergoing RAD conversion. The program provides residents with rights, including the right to return after rehabilitation and the right to a choice-mobility voucher after living in a converted property.

The articles in the Hispanic Housing Experience Symposium span two Cityscape issues and cover a wide range of housing-related research on Hispanic households in the United States, including research on homelessness, subsidized housing, residential segregation, housing supply, and homeownership. Part I of the Symposium, in this issue, focuses on two themes: (1) Hispanic homelessness and (2) residential segregation and the neighborhood context of Hispanic housing experiences.

Keywords: hud, cityscape, housing, rental assistance demonstration, hispanic housing

Suggested Citation

Shroder, Mark D. and Matuga, Michelle, Cityscape: The Rental Assistance Demonstration/The Hispanic Housing Experience in the United States (July 2021). Cityscape 2021, Available at SSRN: https://ssrn.com/abstract=3895844

Mark D. Shroder

U.S. Department of Housing and Urban Development - Position given for identification purposes only. The Department of HUD is not responsible for any opinions expressed in this publication. ( email )

451 Seventh Street SW
Washington, DC 20230
United States

Michelle Matuga (Contact Author)

U.S. Department of Housing and Urban Development ( email )

United States

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