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This video is part of a tutorial series aimed at assisting public housing agencies (PHAs) with issues they may encounter post-closing after converting public housing assets to voucher assistance under the Rental Assistance Demonstration (RAD) and project-based voucher (PBV) programs. It provides guidance on asset management and reporting responsibilities following this repositioning process. The current video focuses on the key requirements related to the maintenance and operations of the replacement reserve account, detailing aspects such as deposits, withdrawals, fund usage, and reporting obligations. Establishing and maintaining Replacement Reserves is outlined as a critical requirement under RAD.
