Transforming Public Housing I am pleased to share with you some exciting news Cincinnati Metropolitan Housing Authority received from the US Department of Housing and Urban Development (HUD). CMHA applied for the Rental Assistance Demonstration (RAD) Program in 2013 and we were informed March 30th that HUD approved our RAD application. HUD created RAD in order to give public housing authorities a powerful tool to preserve and improve public housing properties and address the $26 billion dollar nationwide backlog of deferred maintenance. The RAD program is cost-neutral and does not increase HUD's budget. This program simply shifts units from the Public Housing program to the Project Based Rental Assistance Program so that providers may leverage the private capital markets to make capital improvements. The RAD approval plays an important role in helping our agency provide quality, affordable housing solutions while creating employment opportunities for the community at large. Under RAD, the following properties will convert assistance from the Public Housing program to long-term, project-based rental assistance contracts: Baldwin Grove, Beechwood, City West Lincoln Court I, II & III, Evanston, Maple Tower, Riverview, San Marco and Sutterview. RAD provides CMHA a way to rehabilitate units without depending on additional taxpayer dollars. Residents continue to pay 30% of their income towards the rent and they maintain the same basic rights they possess in the public housing program. As a community resource, CMHA could bring millions of dollars of investment to our community through rehabilitation work on the RAD units. You can stay up to date on what we are doing with the RAD properties by visiting our webpage dedicated to the program. Also, CMHA and our partner the Cincinnati VA Medical Center are working with Mayor Cranley who has accepted the Mayor's Challenge to End Veteran Homelessness. The agency recently received additional funding for the Veterans Affairs Supportive Housing (VASH) program. Homeless Veterans and their families receive rental assistance along with case management services. If you have a quality home you are looking to lease, with guaranteed rent payments, contact the HCV department. It's a great opportunity to show your support for Veterans.
Regards, Gregory D. Johnson, MS, PHM, EDEP Chief Executive Officer |