Cambridge Housing Authority Gets Okay to Move Forward with Plan to Convert Public Housing Portfolio Using HUD’s RAD Program - January 13, 2014

The Cambridge Housing Authority (CHA) received HUD approval on Monday December 23, 2013 of its bid to proceed with conversion of its entire federal public housing portfolio under HUD’s Rental Assistance Demonstration Program (“RAD”) and the Moving to Work Demonstration Program (MTW) to a property-based subsidy. Using its flexibility under MTW, the CHA has created an innovative approach to rehabilitate its public housing developments and to stabilize its future funding which will result in preserving the housing for the next 40 years.

 

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