RAD conversion and Section 18 disposition
HomeFrontMontana- Detected
- Jul 26, 2026
- 99 days ago
- Sector
- Capital Projects
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From the meeting
The board approved a Rental Assistance Demonstration (RAD) financing plan and Section 18 disposition package for 216 public housing properties, including Byrd Street, Bunting Street, Morgan Street, Eaglenest, St. John's, Woody Drive, South Park, Phyllis Circle, and scattered South Side. The plan would convert the portfolio to project-based vouchers with a 20-year housing assistance payment contract and support significant rehabilitation using public and private sources.
It also authorizes submission to HUD and disposal of four units on 4th Avenue South to HAB Development for less than fair market value. This is a clear affordable-housing redevelopment signal, with follow-on work likely around financing, rehab delivery, relocation, and HUD approvals.
- Meeting date
- July 26, 2026
- Agency
- HomeFront
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