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8 May, 2025
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PD&R Edge, an online magazine,
provides you with a snapshot view of our newly
released research, periodicals, publications, news, and commentaries on
housing
and urban development issues.
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In April 2024, Fort Lupton, Colorado, welcomed its first new
affordable housing development in 15 years. Developed by The
Michaels Organization, Sagebrush Apartments supports Fort
Lupton's broader redevelopment goals of enhancing
residential and commercial opportunities in the downtown
area known as Vincent Village. Sagebrush Apartments'
location provides residents with convenient access to nearby
retail and other amenities, and the use of income averaging
allows the development to serve households with varying
income levels.
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RESEARCH
Evaluating the Asset Management of RAD
Properties
In a recently released study, part of a series of
evaluations of the Rental Assistance Demonstration (RAD)
program, researchers examine how asset management practices
in RAD properties align with industry best practices,
describe the differences between asset management models,
and evaluate the adequacy of those practices for ensuring
long-term preservation of RAD properties. The researchers
find that asset management structures for RAD properties
generally are adequate for long-term preservation, with gaps
in some functions. They recommend offering more strategic
planning training focused on RAD conversions.
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available
on Apple iOS and Android powered smartphones!
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Please send your comments
and
suggestions to
editor@huduser.gov.
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