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- [Narrator] Board review of RAD operating budgets. Welcome to the Public Housing Repositioning, post-closing how-to video series. The goal of this video series is to help explain and discuss common issues that occur post-closing, after repositioning public housing assets to voucher assistance. Each video provides quick guidance to public housing agencies, PHAs, that are new to or unfamiliar with rental assistance demonstration, RAD. And/or project-based voucher, PBV, program requirements. The videos will help PHAs better understand their asset management and reporting responsibilities post-repositioning. The videos provide information to PHAs that have converted their assistance from public housing to voucher assistance as part of repositioning. This video will outline key responsibilities of the PHA board in the year-end review of the operating budget, specifically for PBV provisions under RAD. Requirements for board review in the RAD notice. First, lets start with what the requirem
