The Raleigh Area Development Authority (RADA) is a 501 C(3) not for profit community economic development organization.
Founded to provide financial and counseling assistance to low and moderate income residents of the City of Raleigh, North Carolina, RADA has been designated a HUD Housing Counseling Agency by the U S Department of Housing and Urban Development (HUD), and, an Emerging Community Development Financial Institution (CDFI) by the U S Department of the Treasury.
Counseling programs are organized within the RADA Consumer Counseling Center. This Center provides a comprehensive range of programs, including credit building, and home ownership preservation.
The mission of the RADA Consumer Counseling Center is to assist low and moderate income individuals and families improve their quality of life through the attainment of economic stability.
We pursue this mission by providing comprehensive education services, information and long-term support to consumers. The Center’s programs are designed to help create mortgage-ready buyers, reduce present mortgage delinquencies, and make financial education accessible to as many individuals and families as possible. By addressing barriers and increasing the rate of home ownership, the RADA Consumer Counseling Center aims to build stronger families and communities throughout Raleigh and surrounding areas.
Financial support for RADA’s programs is provided by the City of Raleigh, local banks, corporations, foundations, state, and federal agencies.
Wallace O. Green