RAD PIH Notice 2012-32 (.pdf, 1 MB) - National Low Income ...

Section I: Public Housing ProjectsFor all forms of tax credit, including 9%, 4%, or Historic, because HUD only has limitedauthority to make commitments for conversion of assistance under RAD, HUD will onlymake initial awards, known as a Commitment to enter into a Housing Assistance Payment(CHAP) for the number of units that can be awarded tax credits in a single QAP cycle.CHAP awards for multi-phase developments that rely on multiple LIHTC awards will onlycover the first phase HUD will consider future phase development if HUD has authorityunder the cap imposed by statute to convert additional units.1.10 Submission of ApplicationsAll required materials (including attachments) must be submitted electronically using theMicrosoft Excel-based RAD Application, which will be made available at www.hud.gov/rad. 44In addition to submitting the RAD application as an Excel file, the executed attachments must beincluded as PDF files. No paper or fax submissions are permitted.There is no HUD fee associated with the submission of an application or the withdrawal of anapplication or award. Additionally, there is no cap on the number of project applications that aPHA may submit or resubmit.Only applications that have met all applicable submission requirements will be considered.Rejected applicants will be notified and the PHA may choose to re-submit. If resubmitted, theapplication will be considered according to the date of the resubmission.HUD reserves the right to close or reopen the application process at any time if it determines thatsufficient applications have been received to utilize the allowable units.Applications must be sent via email to RADapplications@hud.gov.1.11 Selection CriteriaThis section explains the criteria that HUD will use to select projects competitively forparticipation under the Demonstration, including targets, program caps, application periods, andranking factors.A. TargetsAs required under the RAD statute, HUD seeks to offer awards to PHAs of varying sizes andacross geographies. Awards will be made according to the CHAP Unit Commitment Targets(or pools) as indicated in the table below, representing approximately five percent of the44 The release date of the final RAD Application will be subject to Paperwork Reduction Act (PRA) approval.PIH-2012-32 (HA) Rental Assistance Demonstration – Final Implementation 50