HUD States Clear Intent to Reduce Public Housing Stock Through a Letter to Public Housing Agencies

Posted on January 10, 2019 by Jonathan

Due to Congress failing to provide adequate funding, HUD has stated clear intent to reduce public housing inventory under the euphemism of “repositioning” 105,000 public housing units to “a more sustainable platform by September 30, 2019”.

In this case, “repositioning” is a term used to characterize the reduction of dwellings in the public housing inventory through: Rental Assistance Demonstration (RAD), Voluntary Conversion, Section 18 demolition/disposition, and Retention of Assets after a Declaration of Trust (DOT) release.

Read more about what “repositioning” means here:

Read the letter from HUD here:

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