PHA code CA008 · Medium PHA · California
Housing Authority of the County of Kern
Housing Authority of the County of Kern has closed 9 RAD conversions covering 697 public housing units, with 2 more (70 units) between CHAP and closing. It still has 545 public housing units in 10 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 697
- In the pipeline 70
- Still public housing 545
Of the closed deals, 9 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 9 used low-income housing tax credits and 0 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Little VillageSec. 18 blend | PBV | 153 | Closed | Jul 2026 | 4% | $207,483 | |
| Baker Street Village RADSec. 18 blend | PBV | 36 | Financing Plan in | CHAP 2026 | 4% | $181,351 | |
| Terra Vista | PBV | 34 | CHAP awarded | CHAP 2026 | |||
| Arvin RADSec. 18 blend | PBV | 112 | Closed | Aug 2025 | 4% | $176,289 | |
| Niles Streetnew construction | PBV | 50 | Closed | Jul 2025 | 4% | $277,611 | |
| New Letzring LaneSec. 18 blendnew construction | PBV | 149 | Closed | Apr 2025 | 9% | $248,351 | |
| Milagro del ValleSec. 18 blend | PBV | 28 | Closed | Feb 2024 | 4% | $153,539 | |
| Maganda Park ISec. 18 blend | PBV | 12 | Closed | Feb 2024 | 4% | $180,695 | |
| Delano RADSec. 18 blend | PBV | 67 | Closed | Jul 2023 | 4% | $144,030 | |
| Adelante VistaSec. 18 blend | PBV | 57 | Closed | Jun 2023 | 4% | $148,703 | |
| Rio Vista | PBV | 69 | Closed | Jun 2014 | 4% | $40,525 |
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 CA008's remaining units that averages $1,134 a month, against a weighted PBV cap of $1,700 (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.
| Project | Units | 2026 RAD rent | PBV cap | PBRA cap | 60/40 blend | Rent check |
|---|---|---|---|---|---|---|
| Plaza Towers CA008000114 | 118 | $1,093 | $1,252 | $1,366 | $1,225 | Debt |
| Little Village CA008000105 | 95 | $1,255 | $2,103 | $2,294 | $1,670 | Debt |
| Plaza Towers Annex CA008000115 | 82 | $1,112 | $1,254 | $1,368 | $1,186 | Debt |
| Little Village (6b) CA008000106 | 60 | $1,280 | $2,191 | $2,390 | $1,728 | Debt |
| Monte Vista CA008000104 | 50 | $1,152 | $1,797 | $1,961 | $1,461 | Debt |
| Baker Street Village CA008000125 | 37 | $1,018 | $1,912 | $2,086 | $1,441 | Debt |
| Haciendas Del Sol CA008000121 | 36 | $1,017 | $2,186 | $2,385 | $1,643 | Debt |
| Terra Vista CA008000107 | 35 | $1,127 | $1,755 | $1,915 | $1,411 | Debt |
| Parkview CA008000118 | 28 | $903 | $1,254 | $1,368 | $1,059 | Debt |
| Greenfield Homes CA008000124 | 4 | $1,278 | $2,268 | $2,474 | $1,740 | 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.
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.