On Friday, the Hoboken Housing Authority (HHA) announced the conversion of the 200-unit, Fox Hill Gardens senior and disabled development, located at 311 13th Street, to the federal program called Rental Assistance Demonstration, otherwise known as RAD.
Fox Hill is the first HHA site to transfer its funding stream to the RAD Program from the traditional Public Housing funding. The conversion utilizes the U.S. Department of Housing and Urban Development’s (HUD) Rental Assistance Demonstration (RAD) program, a broad-range effort to preserve federally-subsidized affordable housing.
RAD is helping to address the capital backlog in the public housing program through leveraging the private sector to preserve affordable housing, serve more eligible households, and maximize the impact of scarce federal resources. Utilization of the RAD program by HHA will provide long-term financial stability needed to preserve, maintain, and improve Fox Hill Gardens for the benefit of all families living at Fox Hill Gardens.
The improvements that will be made possible by this transition will include kitchen cabinet replacement, painting, significant exterior façade repairs, curtain wall repairs including insulation updates, appliance replacement, and plumbing and electrical fixture updates. Most importantly, the conversion to the RAD Program will assure that Fox Hill Gardens remains a quality home for all of our valued families now and into the future.
In a press release issued by the HHA, Marc Recko, Executive Director of HHA, said that “Our success in moving Fox Hill Gardens to the RAD Program assures that our families will receive the improvements to their building and apartments that they so richly deserve, and the assurance to all current and future families that they will have a safe, secure, and quality living environment for years into the future.”
HHA Board Chairman David Mello is excited to bring the RAD to Hoboken. “The Fox Hill conversion is the first step in a larger transition of the Hoboken Housing Authority to the RAD program. We look forward to working with our HHA residents, along with the entire Hoboken community, as we plan and implement the renovation and redevelopment of our 1,353 units across our city.”
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