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San Francisco Begins Second Phase of RAD Public Housing Initiative

Friday, October 14, 2016 marked a major milestone in San Francisco’s ambitious plan to revitalize its public housing properties through the U.S. Department of Housing and Urban Development’s Rental Assistance Demonstration (RAD) program. Financing closed on the last of the 14 properties in the second phase of SF RAD on Friday, and building ownership officially transferred to eight owner/developer teams who are now beginning rehabilitation of the 2,058 apartments in Phase II.