North Adams Housing Authority Receives CHAP
NORTH ADAMS, Mass. — The Housing Authority has been given the OK to begin a Rental Assistance Demonstration conversion.
Housing Authority Executive Director Jennifer Hohn released a letter from the U.S. Department of Housing and Urban Development received last week notifying the authority.
"North Adams Housing Authority is excited to receive our award letter from the Department of Housing and Urban Development for a 'Commitment to Enter into Housing Assistance Payments,' " Hohn said.
Rental Assistance Demonstration, or RAD, allows HUD housing authorities to move their units to the Section 8 platform and to leverage debt and equity for re-investment without affecting tenant rights and rents, or housing authority control.
"The Rental Assistance Demonstration will enable NAHA to preserve its public housing stock utilizing a more sustainable future funding source," Hohn said. "Additionally, it will allow access to other financial resources in order to make necessary improvements to properties and also perform upgrades which will enhance residents' quality of life and increase the overall attractiveness of NAHA's developments."
The 304 units within Greylock Valley in the West End, Riverview on Lincoln Street, and Ashland Street Apartments will be moved to the project-based voucher assistance platform.
The North Adams Housing Authority has been on a waiting list for some time now. This was extended because of the government shutdown earlier this year.
The Housing Authority Commission did take some action toward the program in February and voted to hire Dominion, a company specializing in housing and health care facilities, to conduct a physical needs assessment, which is a requirement of RAD.
The letter stated that the Housing Authority must now meet CHAP Milestones and deadlines.
Hohn said she anticipates the conversion will be complete by next year.
"NAHA will continue to maintain an open dialogue with the residents during this process," she said. "We are hopeful that the conversion will be completed by summer 2020."
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