PHA code FL001 · Large PHA · Florida
Jacksonville Housing Authority (FL001)
Jacksonville Housing Authority has closed 4 RAD conversions covering 505 public housing units. It still has 2,329 public housing units in 14 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 505
- In the pipeline 0
- Still public housing 2,329
Of the closed deals, 4 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 3 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 |
|---|---|---|---|---|---|---|---|
| Hogans Creek Tower | PBV | 183 | Closed | Jun 2021 | 9% | $84,856 | |
| Centennial Tower | PBV | 208 | Closed | Oct 2020 | 9% | $80,742 | |
| JAX BEACH (New Construction)Sec. 18 blendnew construction | PBV | 47 | Closed | Sep 2019 | 4% | $154,481 | |
| JAX BEACH (Rehab)Sec. 18 blend | PBV | 67 | Closed | Sep 2019 | $18,358 |
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 FL001's remaining units that averages $990 a month, against a weighted PBV cap of $1,888 (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 |
|---|---|---|---|---|---|---|
| Southwind Villas FL001000013 | 250 | $1,130 | $2,047 | $2,233 | $1,649 | Debt |
| Scattered Sites FL001000027 | 248 | $1,105 | $2,118 | $2,310 | $1,631 | Debt |
| Brentwood Lake FL001000048 | 226 | $851 | $1,644 | $1,793 | $1,304 | Debt |
| Oaks at Durkeeville FL001000036 | 208 | $853 | $1,758 | $1,918 | $1,327 | Debt |
| Twin Towers FL001000010 | 201 | $973 | $1,504 | $1,641 | $1,328 | Debt |
| Victory Point FL001000014 | 200 | $1,093 | $2,058 | $2,245 | $1,593 | Debt |
| Forest, Anders & Scattered Sites FL001000015 | 193 | $1,053 | $1,946 | $2,123 | $1,535 | Debt |
| Blodgett Homes FL001000032 | 158 | $977 | $2,217 | $2,419 | $1,588 | Debt |
| Carrington Place Apartments FL001000050 | 141 | $880 | $1,738 | $1,896 | $1,367 | Debt |
| Riviera Apartments FL001000047 | 139 | $837 | $1,731 | $1,888 | $1,347 | Debt |
| Colonial Village FL001000046 | 118 | $864 | $1,772 | $1,934 | $1,378 | Debt |
| Centennial Townhouse FL001000018 | 90 | $1,223 | $2,134 | $2,328 | $1,744 | Debt |
| Lindsey Terrace FL001000045 | 84 | $897 | $1,712 | $1,868 | $1,315 | Debt |
| Fairway Oaks FL001000012 | 73 | $1,091 | $2,076 | $2,265 | $1,565 | 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.