What is Rental Assistance Demonstration?
Rental Assistance Demonstration and the HUD 223(f) Loan Program
Rental assistance demonstration is a program which offers PHAs (public housing authorities) the power to “preserve and improve public housing properties” by addressing nationwide deferred maintenance backlogs. Certain HUD ‘legacy’ programs can enter into long-term contracts for financing improvements, including Rent Supplement, Rental Assistance Payment, and Section 8 Moderate Rehabilitation.