Partner with the RAD Experts
The Rental Assistance Demonstration (RAD) program gives Housing Authorities a new suite of tools to rehabilitate and preserve public housing using a combination of public and private affordable housing resources, including tax-exempt bonds, third-party financing, Federal Low-Income Housing Tax Credits (LIHTC), public housing capital funds, current operating reserves and project-based rental assistance.
Hunt Capital Partners has been a leader in these unique, and complex, public-private partnerships. As part of the family of Hunt Companies, HCP brings a variety of services and experiences to the table working with all project stakeholders – including HUD, state allocating agencies, the housing authorities and their boards, and residents – to achieve success.
To date, HCP has been involved with the revitalization, rehabilitation, and reconstruction of 36 properties utilizing RAD. These properties have over 3,600 units and included the syndication of over $265 million in federal and state tax credits. We’ve worked with the following Housing Authorities to accomplish this:
- Cocoa Housing Authority
- Mobile Housing Board
- Housing Authority of the City of El Paso
- Montgomery County Housing Authority
- Housing Authority of Savannah
- Portsmouth Redevelopment & Housing Authority
- Housing Authority of the Township of Lakewood
- Spartanburg Housing Authority
- Menard County Housing Authority
- Wicomico Housing Authority
El Paso RAD I
El Paso, TX
$250.0 million
1,590 units
The largest RAD transaction in the country
Historic
Through the Historic Tax Credit (HTC) programs, we help developers rehabilitate, revitalize and reuse historic buildings.
Special Needs
We’re experienced in capitalizing special needs housing that supports veterans, survivors of domestic violence, the homeless and more.
LIHTC
The low-income housing tax credit is the most important tool for creating affordable housing in the U.S. today.