Post Tagged with: "Rental Assistance Demonstration"

By Rachel Rippetoe

NYCHA no more: Betances Houses officially converted to RAD housing 

Housing November 22, 2018 at 8:51 am 0 comments

The 40 buildings stretching from from 136th Street to 145th Street were converted to the federal Rental Assistance Demonstration (RAD) program, which means they will now be managed and renovated by a private developer, but remain under basic NYCHA guidelines, including keeping rent at 30 percent of residents’ income.