08/13/2026
RAD is a redevelopment tool. It is not, by itself, a strategy for the future of a housing authority.
For leaders considering RAD, the most important question is not, “How do we complete a conversion?”
The more important question is:
What must our portfolio become to fulfill our mission and remain sustainable over the long term?
RAD can provide access to capital, preserve affordable housing, address deferred needs, and create a more sustainable operating platform. But the authority must first define its long-term destination.
That requires leadership to consider:
• Which properties should be preserved, repositioned, redeveloped, or replaced?
• What housing needs should the authority be prepared to address over the next decade?
• What financial and operating model will sustain the portfolio after conversion?
• How will redevelopment improve housing quality and resident outcomes?
• What organizational capabilities will be needed to execute and sustain the strategy?
These are not simply real estate and financing questions. RAD can affect governance, staffing, financial management, resident engagement, procurement, partnerships, property operations, risk management, and long-term asset oversight.
Executive directors must prepare more than the transaction. They must prepare the organization.
The board and executive leadership must also operate from the same strategic direction. The board governs the destination, evaluates major risks, protects the mission and resident interests, and holds the organization accountable for long-term results. Executive leadership organizes the people, systems, resources, and partnerships required to execute.
Closing is an important milestone, but it is not the final measure of success.
The real test is whether redevelopment produces a stronger portfolio, a more sustainable organization, and better outcomes for residents and communities.
The Beatty Group will bring this broader transformation perspective to the CCHRCO Annual Conference on August 24 and 25 and the GAHRA Annual Conference on September 21.
For authorities evaluating redevelopment opportunities, the conversation should begin with the future you are trying to build.
RAD is the tool. Transformation is the strategy.