In the News | Affordable Housing Finance
Innovative financing transforms Kiawah homes with RAD/section 18 conversion
April 24, 2025 · Authored by Donald N. Bernards
Baker Tilly’s Don Bernards recently shared with Affordable Housing Finance how the Housing Authority of the City of Charleston is revitalizing Kiawah Homes in South Carolina through an innovative blend of HUD’s RAD and Section 18 programs, paired with a rarely used financing tool: essential function bonds. This project highlights how creative financing strategies, guided by the right advisory team, can transform aging public housing into safe, modern and affordable communities.
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