RREDLINING: Discrimination based on location is often referred to as redlining, because historically, some lending institutions were found to have maps with red lines delineating neighborhoods within which they would not do business. RBC: See REGUALTORY BARRIERS CLEARINGHOUSE. REAC: See REAL ESTATE ASSESSMENT CENTER. REAL ESTATE ASSESSMENT CENTER (REAC): Provides and promotes the effective use of accurate, timely, and reliable information assessing the condition of HUD's portfolio. REAC also provides information to help ensure safe, decent, and affordable housing. It is designed to restore the public trust by identifying fraud, abuse, and waste of HUD resources. REAL ESTATE SETTLEMENT PROCEDURES ACT (RESPA): A law protecting consumers from abuses during the residential real estate purchase and loan process by requiring lenders to disclose all settlement costs, practices, and relationships. REGULATORY BARRIERS CLEARINGHOUSE (RBC): Collects, processes, assembles, and disseminates information on the barriers faced in the creation and maintenance of affordable housing. The Clearinghouse is hosted by HUD USER.
REASONABLE ACCOMMODATION: under the Fair Housing Act, a reasonable accommodation is a change, exception, or adjustment to a rule, policy, practice, or service. REASONABLE MODIFICATION: under the Fair Housing Act, reasonable modification is a structural change made to existing premises, occupied or to be occupied by a person with a disability, in order to afford such person full enjoyment of the premises. REHABILITATION: The labor, materials, tools, and other costs of improving buildings, other than minor or routine repairs. The term includes where the use of a building is changed to an emergency shelter and the cost of this change and any rehabilitation costs does not exceed 75 percent of the value of the building before the change in use. RENOVATION: rehabilitation that involves costs of 75 percent or less of the value of the building before rehabilitation. RENTAL ASSISTANCE DEMONSTRATION (RAD): allows proven financing tools to be applied to at-risk public and assisted housing and has two components: allows Public Housing and Moderate Rehabilitation (Mod Rehab) properties to convert, under a competition limited to 60,000 units, to long-term Section 8 rental assistance contracts; and allows Rent Supplement (Rent Supp), Rental Assistance Payment (RAP), and Mod Rehab properties to convert tenant-based vouchers issued upon contract expiration or termination to project-based assistance. RENTAL ASSISTANCE PAYMENT (RAP): Section 236 program, which was established by the Housing and Urban Development Act of 1968, combined federal mortgage insurance with interest reduction payments to the mortgagee for the production of low-cost rental housing. RENTAL HOUSING INTEGRITY IMPROVEMENT PROJECT (RHIIP): is a priority Secretarial initiative designed to reduce income and rent errors and improper payments in the administration of both public housing and Section 8 programs. RENT SUPPLEMENT PROGRAM (RENT SUPP): Section 101 of the Housing and Urban Development Act of 1965 authorized rent supplements on behalf of needy tenants living in privately owned housing and was the first project-based assistance program for mortgages insured by the Office of Housing. RESIDENT OPPORTUNITY AND SUPPORTIVE SERVICES (ROSS): a program for public housing residents with supportive services, resident empowerment activities, and assistance in becoming economically self-sufficient. REO: Real estate owned (in reference to defaulted FHA-insured properties). RESEARCH ROADMAP: The list of priority research projects that constitutes HUD's current vision of a long-term research agenda. ROOMS: Rooms counted [in the American Housing Survey (AHS)] include whole rooms used for living purposes, such as bedrooms, living rooms, dining rooms, kitchens, recreation rooms, permanently enclosed porches that are suitable for year-round use, lodger’s rooms, and other finished rooms. Also included are rooms used for offices by a person living in the unit.
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