Section 1. Short title
This Act may be cited as the Rental Assistance Demonstration Conversion Continuity Act or the RAD Conversion Continuity Act.
(a) In general
With respect to a public housing project under the rental assistance demonstration program, such project for which housing plans have been approved under section 7 of the United States Housing Act of 1937 (42 U.S.C. 1437e) may—
(1) retain such approval after conversion to the rental assistance demonstration program; and
(2) continue to use such approval process for any future approval.
(b) Requirements
A project that retains approval pursuant to subsection (a) shall—
(1) continue to be subject to any terms or conditions of such approval; and
(2) go through the same process to receive a certification as such project initially was certified under section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437g).
(c) Rental assistance demonstration program defined
In this section, the term rental assistance demonstration program means the program described under the heading Rental Assistance Demonstration in title II of the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2012 (division C of Public Law 112–55; 125 Stat. 673).