Rental Assistance Demonstration Evaluation
The principal objective of the Rental Assistance Demonstration (RAD) Evaluation is to assess and report to Congress on the performance of this program, which converts public housing units to new forms of ownership and housing assistance, focusing on areas such as:
- the long-term preservation and financial viability of converted properties;
- the amount of private capital leveraged as a result of RAD conversion; and
- the effect of RAD conversion on residents.
A Final Report on the RAD Evaluation was published in October, 2019
The RAD Evaluation Final Report analyzes whether RAD preserves affordable housing by improving physical conditions and stabilizing the financial footing of properties. The report also examines how tenants and PHAs are impacted by the program. This evaluation meets Congress’s requirement to report on the early observable impacts of RAD on (1) the preservation and improvement of former public housing units; (2) the amount of private capital leveraged as a result of such conversion; and (3) the effect of conversion on residents. To download the Final Report, click here.
RAD Choice Mobility & Long-Term Affordability Evaluation, 2019-2021
PD&R contracted a follow-up evaluation of the RAD program that will assess the implementation and outcomes of the RAD choice mobility option; the long-term impact of RAD on the preservation of the former public housing properties; and the adequacy of the asset management practices used to monitor the RAD-converted portfolio. If more resources become available, PD&R may choose to evaluate PHA’s organizational change and additional RAD tenant outcomes. Final results from this follow-up evaluation are expected in 2021.
Additional RAD Evaluation Reports
An Interim Report on the RAD Evaluation was published in September, 2016
The RAD Evaluation Interim Report provides evidence that the program is on track to accomplish its primary goal of attracting substantial new capital and stabilizing the physical and financial condition of federally assisted housing properties. The interim report, which covers the first phase of the evaluation, describes (1) program outputs to date, such as number of projects that have converted and total funding leveraged; (2) the types of PHAs participating in RAD; (3) the types of properties PHAs propose for conversion under RAD; (4) preliminary analysis of factors that influence whether a RAD project will successfully complete closing; (5) insights from PHAs about their experience with RAD; and (6) pro-formas that illustrate in detail how RAD projects are financed. To download the Interim Report, click here.
A Progress Report on the RAD Evaluation was published in September, 2014
This report is meant to inform the public about what the RAD program is expected to accomplish, and how it will be evaluated. It contains a summary of the program and its potential impact of how public housing authorities may address capital needs by conversion of properties to the section 8 platform. It outlines the evaluation underway to assess the program and concludes with a summary of early program results to date (August 2014) as measured by the number and scope of the applications received, awards made, and conversions completed.