HUD Publishes Much Anticipated RAD Notice on Fair Housing, Civil Rights and Relocation Requirements | Apartment Loan Depot Since 2005 – Fannie Mae and Freddie Mac Multifamily Loans Nationwide

(RECAP: Last week HUD published the much-anticipated RAD Notice Regarding Honest Housing and Civil Rights Requirements and Relocation Requirements Applicable to RAD First Component – Public Housing(the “Notice”). The Notice is intended to provide guidance regarding key honest housing and civil rights statutory and regulatory requirements, clarify the situations in which HUD is requiring front-end honest housing and civil rights reviews, and provide information regarding the types of information that must be submitted to facilitate HUD’s review of certain honest housing and civil rights requirements in connection with public housing conversions under the First Component of RAD. The Notice is also intended to provide guidance in response to requests for clarity among RAD participants on the review process, including how HUD evaluates whether or not to further invest on a particular site.)