{"id":31092,"date":"2025-09-22T13:28:45","date_gmt":"2025-09-22T17:28:45","guid":{"rendered":"https:\/\/www.carh.org\/?p=31092"},"modified":"2025-09-22T13:28:45","modified_gmt":"2025-09-22T17:28:45","slug":"hud-new-hud-guidance-preservation-rent-increase-for-rad-for-prac-conversions","status":"publish","type":"post","link":"https:\/\/www.carh.org\/hud-new-hud-guidance-preservation-rent-increase-for-rad-for-prac-conversions\/","title":{"rendered":"HUD: New HUD Guidance: Preservation Rent Increase for RAD for PRAC Conversions"},"content":{"rendered":"<p><em>The following information was sent out from HUD&#8217;s Multifamily Housing Office of Recapitalization On September 22, 2025:<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-31093\" src=\"http:\/\/www.carh.org\/wp-content\/uploads\/2025\/09\/HUD-Office-of-Recapitalization-300x66.jpg\" alt=\"\" width=\"591\" height=\"130\" srcset=\"https:\/\/www.carh.org\/wp-content\/uploads\/2025\/09\/HUD-Office-of-Recapitalization-300x66.jpg 300w, https:\/\/www.carh.org\/wp-content\/uploads\/2025\/09\/HUD-Office-of-Recapitalization.jpg 560w\" sizes=\"auto, (max-width: 591px) 100vw, 591px\" \/><\/p>\n<p>Dear Partners:<\/p>\n<p>On Friday, the U.S. Department of Housing and Urban Development (HUD) published <strong>Housing Notice 2025-04<\/strong>, introducing important updates to the <em>Preservation Rent Increase<\/em> for eligible <strong>Section 202 Project Rental Assistance Contract (PRAC)<\/strong> properties pursuing a Rental Assistance Demonstration (<strong>RAD) conversion<\/strong>.<\/p>\n<p>These changes are designed to support greater financial stability and encourage critical investments in affordable housing.<\/p>\n<p><a href=\"https:\/\/www.hud.gov\/sites\/dfiles\/OCHCO\/documents\/2025-04hsgn.pdf\" target=\"_blank\" rel=\"noopener\">Read the Full Notice Here<\/a><\/p>\n<p><strong>Key Updates in the Notice:<\/strong><\/p>\n<ul>\n<li><strong>Substantial Rehabilitation or New Construction:<\/strong> Eligible for up to <strong>$300<\/strong> per unit, per month.<\/li>\n<li><strong>Moderate Rehabilitation:<\/strong> Eligible for up to <strong>$200<\/strong> per unit, per month.<\/li>\n<li><strong>Broadband Installation:<\/strong> Eligible for an additional <strong>$50<\/strong> per unit, per month.<\/li>\n<li><strong>Small Projects (20 units or fewer):<\/strong> Eligible for up to <strong>120% of Fair Market Rent (FMR).<\/strong><\/li>\n<\/ul>\n<p>These targeted increases will help ensure long-term preservation of affordable housing and support upgrades that improve residents\u2019 quality of life. Owners can submit requests for Preservation Rent Increases through the RAD Resource Desk.<\/p>\n<p><strong>Reminder! Join Us for a Live Q&amp;A. <\/strong>As a reminder, we invite you to join the upcoming <strong>RAD Office Hours for 202 PRAC Owners<\/strong> on <strong>Monday, September 29, 2025, at 1:00 PM ET<\/strong>, for an open Q&amp;A on the Preservation Rent Increase.<\/p>\n<p><a href=\"https:\/\/shared.outlook.inky.com\/link?domain=links-2.govdelivery.com&amp;t=h.eJx1km1P2zAQx78KqrR3c2M7dmwjVaItFNhoUbsyRN-gxL7QtHkoiVNIp333OaFMCIk83OV8v_tf_PCnV5dp7_Skt7Z2V516Xprk2wrR_lOxN5Ameyibvi4yb3yDvTfmG5245wvOZRzp7DvLW9oZC2FW9bNEl0VVxPaNdeNpZzMAW-_QpkjyLiaqddwP20SSPz3ens_ZajPHs_trO9tc89UY4-nyzr9Zbvl0eW0f7lfb2f1kvdossulhy7tyhu26hND097RTdf_F_YkucguvdtAhYtQ5SpeJOX69dR4eo4BwTpnmiFJQiEXaoFAqHxEiccj9WIuIfiyk42N0-4UgYKIBgCOFARALIidIqEAgIuASmzgm8LFQnLcuqG32mIFJ6mwAWZik_weroi41DD7sg1t94l5M2lspDn4klK-QMVhTomMENCSIYTcVGQSAiO8orKQCjhHurnYDn9noch7P1XDRBLfZ5UU-2TePV3BOp4YsKR_RQ84wrJLf0wGjvke894aCBtpvF4rpQIISDPkKIhcBRREDgXyKQ0VYjCOIjw295wf-Y_ErGG1fDAzHTXrYDK9sepFXzWb4807dzKy8a16icnFRtO1630962_bc5mCL8olQzHjAqWcrva5TezjTYbnuu4wnDI8pjanElEWcGyMlxxJCLTjG3AiPCC55QHzK-0JIoZhsxaEVz5xUEodZkjYl6HB3tqujNNGfD33Lm5b_PP73H6kI-zA.MEYCIQCVVtuocJ-B8fK5nwohvQy3p3PFIWlOrBUmbPrqZ6NMFAIhAMULY5EuNVmBTZqDR89afSevzIxdQjbPPscA5ER7G_Rr\" target=\"_blank\" rel=\"noopener\"><strong>Join RAD Office Hours for PRAC Owners and Partners\u00a0via Microsoft Teams<\/strong><\/a><\/p>\n<p>Meeting ID: 215 935 401 1139<br \/>\nPasscode: K3ES3nQ6<br \/>\nDial in by phone: +1 509-904-0877, 664274791#<\/p>\n<p>For questions, feel free to reach out to us at <a href=\"mailto:rad@hud.gov\">rad@hud.gov<\/a>.<\/p>\n<p>Thank you for your continued commitment to preserving affordable housing.<\/p>\n<p>Sincerely,<br \/>\n<strong>The RAD Team<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The following information was sent out from HUD&#8217;s Multifamily Housing Office of Recapitalization On September 22, 2025: &nbsp; Dear Partners: On Friday, the U.S. Department of Housing and Urban Development (HUD) published Housing Notice 2025-04, introducing important updates to the Preservation Rent Increase for eligible Section 202 Project Rental Assistance Contract (PRAC) properties pursuing a&hellip;<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[1],"tags":[],"class_list":["post-31092","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-1","description-off"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/31092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/users\/263"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/comments?post=31092"}],"version-history":[{"count":1,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/31092\/revisions"}],"predecessor-version":[{"id":31094,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/31092\/revisions\/31094"}],"wp:attachment":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/media?parent=31092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/categories?post=31092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/tags?post=31092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}