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HUD Rebrands Faircloth-to-RAD as Restore Rebuild

On November 12th, the Office of Multifamily Housing at the Department of Housing and Urban Development (HUD) announced they have officially rebranded the process widely known as “Faircloth-to-RAD,” doing away with the bureaucratic moniker in favor of “Restore-Rebuild.” For the past few years, Faircloth-to-RAD, (hereafter referred to as Restore-Rebuild), has generated interest as a new pathway for public housing […]

Increasing Housing Supply with HUD’s Risk Share Program and FFB: Opportunities and Challenges for HFAs

In February of 2024, HUD and Treasury announced an indefinite extension of the Section 542(c) Housing Finance Agency Risk-Sharing Initiative offered through HUD’s Federal Housing Administration (FHA) and Treasury’s Federal Financing Bank (FFB). The Risk-Sharing Initiative allows HFAs to originate mortgages for new construction or rehabilitation of properties with affordable housing rental units. HUD and […]

In Conversation with HUD

Last month, Paul Williams joined the leadership team that created the mixed-income public development program at the Housing Opportunities Commission of Montgomery County to speak at HUD’s Quarterly Update, hosted at HUD’s headquarters in Washington, D.C., organized by their Policy Development & Research division.