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Blue Earth County approves financing plan to convert public housing to RAD project-based vouchers
Summary
The county board approved a resolution authorizing submission of a financing plan to HUD to convert 56 remaining public housing units from public housing to RAD Section 18 project-based voucher status, after staff said the change would stabilize revenue and allow capital funds to be saved for future improvements.
Blue Earth County commissioners on Tuesday approved a resolution to submit a financing plan to the U.S. Department of Housing and Urban Development to convert 56 public housing units through a RAD (Rental Assistance Demonstration) Section 18 project-based voucher conversion.
Nancy, a county housing staff member, told the board the county already began repositioning public housing and that 19 units will convert on Sept. 1 as the first phase. She said the…
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