Rental Assistance Demonstration (RAD) Program Advisory Services

Growth through Strategic Implementation

Collingwood Multifamily Services offers comprehensive planning, transaction management, and implementation guidance for Public Housing Authorities (PHAs) and their development partners converting properties to project-based rental assistance as authorized under the Rental Assistance Demonstration (RAD) Program.

As former federal administrators of the Section 8 Project-Based Rental Assistance (PBRA) program, our expertise in mixed finance transaction management, multifamily asset repositioning, and oversight of regulated property ownership provides a unique set of skills needed to meet RAD timelines, get deals closed, and maintain compliance.

Our team will assist in sizing the maximum first-mortgage debt supportable by current subsidy levels, and, when necessary, research additional sources of subordinate debt, equity and/or grant financing to make the project conversion feasible. We will provide technical assistance to PHAs, development partners, lenders, state and local housing finance agencies to better understand the RAD conversion process. Specific guidance is geared to:

Planning & Application Submission

Transaction Management

Asset Management

Tenant Temporary Relocation Plan