Section 8 Project-Based Rental Assistance (PBRA)
GDG can help you maximize your Section 8 contract rents through any combination of the following services:
Rent Optimization
Increase Section 8 rents through Option 1a or 1b
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Post-Renovation Value
Capture higher post-rehabilitation rent values through a Chapter 15 renewal.
Renewal Protection
Prevent over-market rents from being reduced at renewal.
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Cash Flow Improvements
Improve surplus cash distributions through strategic ownership restructuring.
Contract Consolidation
Combine HAP contracts to simplify operations and improve portfolio efficiency.
HAP Transfers
Assign HAP contracts to new ownership entities when required.
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202 PRAC Subsidy
For owners of Section 202 PRAC properties, GDG helps determine whether RAD for PRAC is the right long-term strategy for your property and residents. The Rental Assistance Demonstration (RAD) for PRAC program allows owners to convert PRAC contracts into long-term Section 8 contracts, creating greater financial flexibility, improved stability, and access to refinancing opportunities.
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What is RAD for PRAC?
RAD for PRAC allows eligible Section 202 properties to convert PRAC assistance into a more stable, long-term Section 8 platform.
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Why consider conversion?
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Access new financing opportunities
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Improve reserve for replacement funding
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Unlock potential rent increases
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Eliminate residual receipts restrictions
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Support long-term property preservation
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How GDG can help
GDG guides owners through the full RAD for PRAC process - from early feasibility analysis and rent positioning through refinancing, conversion, closing, and renovation.
​​Is this right for my property?
If you are unsure whether your property's rents are being maximized, or which program applies to your situation, the best first step is a conversation with us. We can assess your current contract structure and identify opportunities you may not know exist.
We evaluate your property and current contracts.
We identify the best path to increase income.
We handle the process, so your team doesn’t have to.
