As the affordable housing landscape shifts under evolving HUD policy, municipalities and developers have unprecedented opportunities to lead transformative housing initiatives. Dominion Due Diligence Group (D3G) is at the forefront of supporting development efforts through Public-Private Partnerships (P3s) and leveraging HUD’s Rental Assistance Demonstration (RAD). P3s are reshaping the landscape of affordable housing development and neighborhood revitalization across the United States. D3G is a national leader in supporting the strategic execution of P3s through specialized technical consulting, HUD compliance, and pre-development strategies.
Public-private partnerships bring together housing authorities and private-sector partners to share resources, expertise, and accountability, all in service of delivering smarter, more sustainable housing solutions. In this model, public agencies maintain control over policy and affordability commitments, while private partners bring capital, construction experience, and operational discipline. It’s a structure that works especially when aligned with HUD programs like RAD, Section 18, and LIHTC. RAD, in particular, has become a foundational P3 tool allowing housing authorities to convert aging public housing into long-term Section 8 contracts. Since its launch, RAD has unlocked over $20 billion in construction investment and repositioned more than 185,000 units nationwide. It’s proof that when the public and private sectors collaborate intentionally, they can drive real outcomes for communities.
Successful public-private partnerships (P3s) are built on shared investment and shared risk. Public agencies, whether city housing departments or state-level housing authorities, typically bring land, subsidies, project-based vouchers, tax credits, or other incentives to the table. On the other side, private partners contribute equity, manage construction and delivery, and often bring additional resources and capacity to meet local housing and community needs. These are layered transactions, frequently involving HUD’s RAD program, including capital needs assessments, environmental reviews, obsolescence evaluations, and regulatory engagement across multiple levels. When done right, P3s open doors to capital and unlock structuring flexibility that simply isn’t possible in traditional public procurement. They allow for private-sector accountability to raise the bar on design, build quality, and long-term maintenance. And because the public partner maintains control of the mission and the affordability requirements, the outcomes stay aligned with community priorities.
But P3s aren’t plug-and-play. The financing can get complicated, timelines stretch without coordination, and regulatory compliance is non-negotiable. And without a clear structure, incentives can get out of sync. That’s why intentional design, and the right technical partner like Dominion Due Diligence Group (D3G) can make all the difference.
How does D3G support P3s and Housing Revitalization Nationwide? D3G partners with PHAs, developers, syndicators, and investors to unlock and de-risk housing projects within HUD and LIHTC frameworks by including the following studies:
- RAD & Repositioning Consulting: With over 200,000 RAD units assessed, D3G advises programmatic eligibility, conversion – repositioning strategy, and HUD submission packages.
- Capital Needs Assessments (CNAs): Essential for budget validation, reserve planning, and investor due diligence.
- Environmental Reviews: Phase I/II Environmental Site Assessments and hazardous material and condition testing ensure compliance and readiness.
- Energy & Green Building Compliance: Green and Resilient Building design consulting, certification, and compliance (e.g., NGBS, ENERGY STAR, etc.); Energy Audits for RAD compliance, Utility Allowance Calculations, and State Requirements for LIHTC compliance outlined in the Qualified Allocation Plan (QAP).
- Architectural & Cost Reviews: Technical validation of design feasibility and cost efficiency.
- RAD and Section 18 Application Completion: Subject matter experts with decades of experience operating PHAs, leading HUD divisions, and conducting financial analysis will complete your RAD or SAC applications, adding capacity to the PHA and ensuring expedited processing.
To meet the nation’s affordable housing demand, stakeholders must think beyond traditional development. When properly structured and executed, P3s offer scale, speed, and community integration. D3G brings clarity, credibility, and technical precision to this process, serving as a trusted advisor from predevelopment through closing.
Recent federal Bills and Appropriated Budgets are contributing to the need for P3s. The Big Beautiful Bill increases LIHTC allocations, while the House and Senate THUD budgets include reductions in Capital and Operations Funding that PHAs rely upon to fund the future of public housing. This combination yields an increase in P3 activity to support the affordable housing market.
If you’re a PHA, developer, lender, or equity partner looking to leverage RAD, Section 18, or LIHTC in a collaborative model, D3G is ready to help craft the strategy, execute the due diligence, and deliver the outcomes that matter.
