PHA code CA028 · Medium PHA · California

Housing Authority of Fresno County, California

Housing Authority of Fresno County, California has closed 11 RAD conversions covering 503 public housing units, with 4 more (120 units) between CHAP and closing. It still has 463 public housing units in 7 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 4 went to project-based vouchers (PBV) and 7 to project-based rental assistance (PBRA). 10 used low-income housing tax credits and 0 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for CA028, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
MENDOZA TERRACE - FIREBAUGH C - TOA to la Joya Common Transfer Sitenew constructionPBV9ClosedJun 20239%$442,843
Cazares Terrace-Huron Phase 1 Toanew constructionPBV48ClosedApr 20229%$549,562
Sanger Elderly / WedgewoodPBV63ClosedJul 2021$20,181
Cordillera CommonsSec. 18 blendnew constructionPBV20Financing Plan inCHAP 20219%$471,543
San Joaquin Familynew constructionPBV28CHAP awardedCHAP 20219%
Pinedale Complex (alluvial)new constructionPBV23ClosedDec 20199%$301,754
Oak Grove Apts Aka Parlier Complex Cnew constructionPBRA50ClosedMar 20189%$277,461
Magill Terracenew constructionPBRA20ClosedDec 20179%$274,533
La Joya Commons II - Proposed Toanew constructionPBV18Financing Plan inCHAP 20179%$904,155
Mendoza Terrace-Firebaugh B - Proposed ToaPBV54CHAP awardedCHAP 20174%
Memorial Villagenew constructionPBRA35ClosedApr 20179%$253,759
Shockley Terracenew constructionPBRA25ClosedMar 20169%$211,146
Trailside Terracenew constructionPBRA20ClosedDec 20159%$251,575
Mendota Scattered SitesPBRA123ClosedDec 20139%$117,543
Parlier ComplexPBRA87ClosedDec 20139%$129,030

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 CA028's remaining units that averages $1,248 a month, against a weighted PBV cap of $2,271 (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
Mendoza Terrace-Firebaugh CA028000004 135 $1,231 $2,066 $2,254 $1,735 Debt
Pinedale Complex CA028000001 126 $1,285 $2,421 $2,641 $1,961 Debt
Cazares Terrace-Huron CA028000006 72 $1,251 $2,334 $2,546 $1,897 Debt
Mendota Scattered Sites CA028000005 52 $1,223 $2,207 $2,408 $1,812 Debt
Sanger Elderly/wedgewood CA028000002 50 $1,296 $2,489 $2,715 $2,006 Debt
Parlier Complex CA028000003 20 $1,122 $1,979 $2,159 $1,639 Debt
Granada Commons CA028000007 8 $1,117 $2,593 $2,829 $1,826 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

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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.