1. Life After RAD Galveston, TX August, 2018 Holly Knight 202-699-1998
Life After RAD

2. What made you convert to RAD? What made you go PBV versus PBRA?
LIFE AFTER RAD
What made you convert to RAD?
What are your projects?
What made you go PBV versus PBRA?
Have you had to restructure any at the office?
Your 9% has a third party management company – how does that work for you?

3. LIFE AFTER RAD
How do you get paid? Since you do not have capital funds and only receive HAP and Administrative Funds – how have your financials changed?
Do you have the same employees and if so do they have the same jobs?
What Policies have changed? (No ACOP, no occupancy report requests from HUD, Epic, LOOCS, etc.)Now just the two PBV two year tool
What about REAC inspections? Headquarters inspections

4. LIFE AFTER RAD
Was your conversion quick or did it take longer than you thought?
Ballpark - About how much did the PHA only conversion costs?
What about FHEO?
Do you think there will be a large number of people wanting to leave their units after a year for choice mobility?

5. POLICIES BEFORE RAD – PH/HCV AFTER RAD – HCV or PBRA Public Housing
Dwelling Lease
ACOP
HUD regulations
DOT
HCV
Admin Plan
AFTER RAD – HCV or PBRA
PBV/PBRA (Dev LLC)
Dwelling Lease
PBV Landlord Policy/PBRA House Rules
HAP contract
RAD use agreement
HCV
Admin Plan – amend to include
RAD PBV requirements

6. PROS AND CONS PROS CONS HUD regulations on one programs – HCV or PBRA
Additional HCV AF
OCAF (annual rent increase)
Additional fees for COCC
Eliminates CFP grant admin./Operating fund program
Needs assessed over a 20-year period
CONS
Very Expensive (legal, consultants, training, surveys, PCA, environmental review, etc.)
Adjustment for staff
Very time consuming
Funds may be delayed
Not a lot of guidance available

7. RAD Regulatory Requirements
RAD Notice Revision 3
RAD RAD Supplemental Notice
PIH (RAD and Section 18)
PBRA
PBV
FHEO
Closeout-PIH

8. PHA Effects
PHA effects hand out
Financing for Cost center
Project cash flow
Developer fee
Admin fees
Management