How a Housing Authority Innovated Insurance for RAD Redevelopment

Challenge

A group of public housing authorities in the Midwest formed a large nonprofit risk retention group in 1988 to combat soaring insurance costs. Licensed and approved by HUD, the organization provides insurance exclusively to federally designated public housing authorities.

However, when members redevelop properties through HUD programs like Rental Assistance Demonstration (RAD), they lose their public housing status. As a result, those developments become ineligible for coverage under the program.

This organization engaged Hylant to create a master insurance program to support members undergoing RAD conversions, helping retain membership through innovative, non-traditional coverage.

Solution

The path wasn’t straightforward. Properties lacked common ownership, spanned diverse geographies, and faced inconsistent access to wind coverage. Uniformity in property and general liability rates added another layer of complexity.

Structuring a master program under these conditions required a strategic, phased approach. Together, the group and Hylant began by insuring properties individually, allowing the organization to maintain momentum while the team built the necessary capacity. Once the foundation was in place, Hylant helped this client launch a scalable master program—one that now allows new opportunities to be seamlessly integrated as named insureds.

Working with an experienced partner, you can build scalable, compliant insurance programs that evolve with your portfolio.