PHA code CT002 · Medium PHA · Connecticut

Housing Authority Of The City Of Norwalk

Housing Authority Of The City Of Norwalk has no closed RAD conversions in HUD's data, with 1 more (49 units) between CHAP and closing. It still has 754 public housing units in 9 projects that HUD's May 2026 rents tool prices for RAD.

Conversions

RAD Component 1 conversions for CT002, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Leroy Downs RAD Blendnew constructionPBV49CHAP awardedCHAP 20264%

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 CT002's remaining units that averages $1,231 a month, against a weighted PBV cap of $2,714 (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
Samuel Roodner Court CT002000002 218 $1,434 $3,174 $3,463 $2,445 Debt
20 West Avenue CT002000005 103 $1,119 $2,244 $2,448 $1,801 Debt
Irving Freese CT002000004 100 $1,113 $2,315 $2,525 $1,795 Debt
Meadow Gardens CT002000006 94 $1,272 $2,910 $3,174 $2,135 Debt
King Kennedy Homes CT002000007 90 $1,199 $2,679 $2,923 $2,045 Debt
Senior Court CT002000003 60 $1,100 $2,195 $2,395 $1,739 Debt
Soundview Landing Phase 1 CT002000009 40 $1,145 $2,862 $3,122 $2,135 Debt
Soundview Landing Phase 3 CT002000011 28 $975 $2,692 $2,937 $1,866 Debt
Soundview Landing Phase 2 CT002000010 21 $1,075 $2,645 $2,885 $1,885 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.