Annual Performance Plan 508

• Ensure that the households currently being served by HUD rental assistance programs have a
choice to remain housed in their assisted properties.
• Create a proactive asset management approach to work with owners prior to contract
expiration/mortgage maturity to develop a preservation strategy for the property.
• Preserve units, maintain high occupancy and utilization rates, and reduce the number of units
converted to market rate housing.
• Implement and expand the Rental Assistance Demonstration (RAD) to preserve and transition
existing affordable HUD-assisted rental units to the Section 8 platform.
LEADING THIS OBJECTIVE
Ben Metcalf
Deputy Assistant Secretary
Office of Multifamily Housing
Unabyrd Wadhams
Deputy Assistant Secretary
Office of Field Operations
Office of Public and Indian Housing
FY14 APR PROGRESS UPDATE
Detailed update provided under FY14-15 APG Progress Update.
MAJOR MILESTONES
9/30/2014 Align PIH and Multifamily rental housing asset risk model where appropriate. Achieved as of
this publication. 21
9/1/2015 Provide guidance and technical assistance on monitoring and inspecting HOME projects, to
include instructions about how Participating Jurisdictions can align with other funding partners
during the Period of Affordability.
21
This is a modified version of this milestone from the FY 2015 APP: Develop a consolidated rental housing risk model to be used by the Office
of Public Housing and the Office of Multifamily Housing. A complete consolidation was not possible in light of regulatory and other barriers.
Strategic Goal: Meet the Need for Quality Affordable Rental Homes
49