PHA code FL003 · Medium PHA · Florida
Housing Authority of the City of Tampa, Florida
Housing Authority of the City of Tampa, Florida has closed 21 RAD conversions covering 2,808 public housing units, with 3 more (236 units) between CHAP and closing. It still has 271 public housing units in 5 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 2,808
- In the pipeline 236
- Still public housing 271
Of the closed deals, 21 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 10 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 |
|---|---|---|---|---|---|---|---|
| Tempo at EncoreSec. 18 blend | PBV | 20 | Closed | Jun 2026 | |||
| Gardens at South Bay | PBV | 25 | CHAP awarded | CHAP 2026 | |||
| Cedar Pointe I & II | PBV | 21 | Closed | Nov 2025 | |||
| Oaks at RiverviewSec. 18 blend | PBV | 205 | RCC issued | CHAP 2025 | 4% | $93,530 | |
| North Boulevard Homes Aka West Rivernew construction | PBV | 6 | CHAP awarded | CHAP 2024 | 4% | ||
| Canopy at West River Phase IInew construction | PBV | 61 | Closed | Dec 2023 | 4% | $242,269 | |
| Belmont Heights Estates Phase IIISec. 18 blend | PBV | 58 | Closed | Dec 2023 | 4% | $68,941 | |
| Canopy at West River Phase Inew construction | PBV | 97 | Closed | Mar 2022 | 4% | $248,187 | |
| Belmont Phase I | PBV | 295 | Closed | Dec 2021 | 4% | $44,648 | |
| T3d at West Rivernew construction | PBV | 52 | Closed | Mar 2021 | 4% | $223,069 | |
| T3c at West Rivernew construction | PBV | 110 | Closed | Mar 2020 | 4% | $243,689 | |
| T3b at West Rivernew construction | PBV | 88 | Closed | Jan 2020 | 9% | $240,259 | |
| Boulevard at West Rivernew construction | PBV | 96 | Closed | Dec 2019 | 9% | $221,019 | |
| Mary Bethune Homes | PBV | 150 | Closed | Jun 2019 | 4% | $106,364 | |
| Bethune Residences Inew construction | PBV | 160 | Closed | Nov 2018 | 4% | $204,583 | |
| Reed at Encore | PBV | 14 | Closed | Nov 2017 | |||
| The Ella at Encore | PBV | 32 | Closed | Nov 2017 | |||
| Trio at Encore | PBV | 32 | Closed | Nov 2017 | |||
| J L Young | PBV | 449 | Closed | Oct 2017 | |||
| Arbor Estates Et Al | PBV | 191 | Closed | Sep 2016 | $148 | ||
| Robles Park Village | PBV | 432 | Closed | Sep 2016 | |||
| Scruggs Manor Et Al | PBV | 116 | Closed | Sep 2016 | $1,215 | ||
| Seminole Park Et Al | PBV | 169 | Closed | Sep 2016 | $2,462 | ||
| Shimberg Estates Et Al | PBV | 165 | Closed | Sep 2016 | $530 |
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 FL003's remaining units that averages $928 a month, against a weighted PBV cap of $2,268 (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 |
|---|---|---|---|---|---|---|
| Oaks at Riverview FL003000039 | 205 | $953 | $2,284 | $2,491 | $1,711 | Debt |
| Gardens at South Bay FL003000038 | 25 | $987 | $2,513 | $2,741 | $1,841 | Debt |
| The Tempo at Encore FL003000047 | 20 | $788 | $2,020 | $2,204 | $1,513 | Debt |
| Cedar Pointe Apartments Phase II FL003000048 | 13 | $733 | $2,079 | $2,268 | $1,425 | Debt |
| Cedar Pointe FL003000044 | 8 | $759 | $2,019 | $2,202 | $1,366 | 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.