Conference Attendees to Discuss RAD, LIHTC Solutions to National Affordable Housing Shortage
MIAMI BEACH, FLA./ JANUARY 02, 2019 (STL.News)
A National Low Income Housing Coalition report found a nationwide shortage of 7.2 million affordable, available homes for extremely low-income renters. One way to address the problem is the U.S. Department of Housing and Urban Development (HUD) Rental Assistance Demonstration (RAD) program, which, according to the Government Accountability Office, uses low-income housing tax credit (LIHTC) financing in about half of its transactions. RAD and LIHTC strategies and best practices will be discussed Jan.