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September 23, 2025 in HUD Notices, Multifamily Housing News, PRAC (Project Rental Assistance Contract), RAD (Rental Assistance Demonstration)

RADBlast! New HUD Guidance: Preservation Rent Increase for RAD for PRAC Conversions

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On Friday, September 19, the U.S. Department of Housing and Urban Development (HUD) published Housing Notice 2025-04, introducing important updates to the Preservation Rent Increase for eligible Secti ...

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June 23, 2015 in Breaking News, Contract Renewals and Rent Increases, Funding/Grants, PRAC (Project Rental Assistance Contract), Residual Receipts

HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts

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HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts On June 19, 2015, HUD issued a memorandum that impacts owners of Section 202 and 811 PRAC properties maintaining residual receipt acc ...

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