- The Rental Assistance Demonstration
- Volume 23 Number 2
- Managing Editor: Mark D. Shroder
- Associate Editor: Michelle P. Matuga
The Rental Assistance Demonstration Program and Its Current and Projected Consumption of Low-Income Housing Tax Credits
Alex Schwartz
The New School
Kirk McClure
University of Kansas
The Rental Assistance Demonstration (RAD) program is the nation’s latest and largest initiative to preserve public housing. Launched in 2012, RAD transfers public housing units to another federal subsidy program, Project-based Section 8, to benefit from a more stable stream of federal subsidy dollars and leverage this subsidy to finance essential capital improvements.1 In addition, RAD also preserves housing built under selected older federal subsidy programs. RAD is currently authorized to convert 455,000 units of public housing, and all of the remaining housing supported with such subsidies as Rent Supplements, RAP, and Section 8 Mod Rehab, to project-based Section 8.
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