PHA code AL001 · Large PHA · Alabama

Housing Authority of the Birmingham District

Housing Authority of the Birmingham District has closed 6 RAD conversions covering 513 public housing units. It still has 4,430 public housing units in 23 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 4 went to project-based vouchers (PBV) and 2 to project-based rental assistance (PBRA). 5 used low-income housing tax credits and 1 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for AL001, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Smithfield CourtSec. 18 blendnew constructionPBV80ClosedSep 20264%$322,871
Cooper Green HomesSec. 18 blendPBV91ClosedDec 20244%$146,490
Tom Brown Village Mp1PBRA22ClosedJun 20199%$90,229
Freedom ManorPBRA100ClosedOct 2018$93,425
Loveman Village Phase 2new constructionPBV100ClosedOct 20174%Yes$171,930
Park at Sydney Drivenew constructionPBV120ClosedDec 20164%$123,200

Still public housing: 2026 RAD rents

HUD's rents tool sets a 2026 RAD contract rent for each unconverted project from its 2024 public housing funding, inflated by the 2025 and 2026 OCAF. Across AL001's remaining units that averages $1,283 a month, against a weighted PBV cap of $1,543 (110% of fair market rent, before the utility allowance). Where the RAD rent is below the cap, a Section 18 blend can raise the rent and the debt it carries.

Unconverted public housing projects, May 2026 RAD rents tool
Project Units 2026 RAD rent PBV cap PBRA cap 60/40 blend Rent check
Charles P Marks Village AL001000006 500 $1,500 $1,582 $1,726 $1,551 Debt
Elyton Village AL001000001 478 $1,211 $1,425 $1,555 $1,324 Debt
Smithfield Court AL001000009 456 $1,122 $1,334 $1,455 $1,241 Debt
Rev. Dr. Morrell Todd Community AL001000011 456 $1,430 $1,576 $1,719 $1,501 Debt
Southtown AL001000004 455 $948 $1,419 $1,548 $1,217 Debt
Collegeville Center AL001000013 394 $1,450 $1,664 $1,815 $1,568 Debt
North Birmingham Homes AL001000016 271 $1,418 $1,695 $1,849 $1,566 Debt
Ralph Kimbrough Homes AL001000018 231 $1,284 $1,557 $1,699 $1,438 Debt
Cooper Green Homes AL001000017 227 $1,308 $1,544 $1,684 $1,448 Debt
Tom Brown Village AL001000010 226 $1,450 $1,895 $2,068 $1,705 Debt
Russell B Harris Homes AL001000014 188 $1,332 $1,543 $1,683 $1,451 Debt
Roosevelt City AL001000023 118 $1,492 $1,806 $1,970 $1,614 Debt
Park Place AL001000031 87 $1,159 $1,436 $1,567 $1,183 Debt
Park Place II AL001000032 85 $918 $1,451 $1,583 $1,094 Debt
Park Place III AL001000033 67 $893 $1,280 $1,396 $1,079 Debt
Tuxedo Terrace/hope Iv-Phase I AL001000034 56 $1,118 $1,466 $1,599 $1,283 Debt
Tuxedo Terrace II AL001000035 54 $1,455 $1,662 $1,813 $1,528 Debt
Glenbrook at Oxmoor-Hopevi Phase I AL001000037 50 $934 $1,438 $1,569 $1,191 Debt
Tuxedo Terrace Phase I AL001000044 9 $876 $1,741 $1,900 $1,389 Debt
Tuxedo Terrace Phase II AL001000045 6 $901 $1,741 $1,900 $1,350 Debt
Tuxedo Trace III AL001000046 6 $880 $1,741 $1,900 $1,340 Debt
Mason City I AL001000040 5 $919 $1,789 $1,952 $1,477 Debt
Mason City III AL001000042 5 $923 $1,789 $1,952 $1,479 Debt

Rents are monthly per unit, weighted across each project's bedroom mix. The caps are shown before HUD's estimated utility allowance. HUD calls the blend figures estimates. Project names are as reported to HUD.

Financing the next one

Send the deal to the commercial mortgage desk at Janover Capital LLC: debt for a conversion (FHA 223(f) or 221(d)(4), bank or bond), a Section 18 blend, or a refinance of a property that has already converted. Tell us where it stands, and a person at Janover Capital will reply.

Janover Capital LLC is not HUD, the RAD Resource Desk or a housing authority, and is not affiliated with or endorsed by any of them. Nothing here is legal advice or an offer of credit.

The deal
You

This goes to Janover Capital LLC only, not to HUD, FHA or a lender. It is an inquiry, not a loan application, and a person at Janover Capital will reply. Prefer email? hello@rad.loans

Get word of AL001's next RAD closing

Leave your email and we'll write when our refresh of the RAD Resource Desk data shows a new closing for Housing Authority of the Birmingham District.

Alert emails have not started on this site yet. Sign-ups are saved and wait until they do.

Sources: RAD Resource Desk Component 1 property export, downloaded ; HUD RAD Contract Rents Look-Up Tool, May 2026. Hard cost per unit divides reported hard construction costs by RAD plus non-RAD units; blank where HUD's export reports none. About the data.