Rental Assistance Demonstration (RAD)

HACDB development goals:

• Address the on-going capital needs of our public housing properties given the decline of HUD Funding nationwide.
• Maximize development by accessing additional density that will allow the creation of additional affordable housing units for persons making up to 80% of AMI.
• Deconcentrate poverty through the creation of mixed income communities and mixed use development.
• Promote and create homeownership opportunities.
• Serves as a catalyst for greater investment in the City of Daytona Beach.
• Facilitate job opportunities for local residents and business in the areas of construction and trade.