PHA code FL005 · Large PHA · Florida

Miami-Dade County

Miami-Dade County has closed 31 RAD conversions covering 2,289 public housing units, with 22 more (1,708 units) between CHAP and closing. It still has 6,274 public housing units in 39 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 31 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 20 used low-income housing tax credits and 2 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for FL005, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Flagler Villas - Phase 1PBV60RCC issuedCHAP 2026
Gallery at Lummus Parcnew constructionPBV6ClosedSep 20264%$287,763
Annie Coleman 14 - Phase 1Anew constructionPBV73CHAP awardedCHAP 2026
Perrine Village IIInew constructionPBV23CHAP awardedCHAP 20264%
Rainbow Village Phase III Cat1aSec. 18 blendnew constructionPBV52CHAP awardedCHAP 20269%
Perrine Village ISec. 18 blendnew constructionPBV50ClosedApr 20269%$269,891
Homestead Gardens Phase IInew constructionPBV19CHAP awardedCHAP 20254%
Gwen Cherry - Elderlynew constructionPBV100CHAP awardedCHAP 2025Both
Gwen Cherry Familynew constructionPBV32CHAP awardedCHAP 2025Both
Naranjanew constructionPBV116CHAP awardedCHAP 2025Both
Stirrup Plaza Familynew constructionPBV24CHAP awardedCHAP 2025Both
W. Homestead Gardens & Homestead Villagenew constructionPBV23CHAP awardedCHAP 2025Both
Palm Courts and Palm TowersSec. 18 blendnew constructionPBV191ClosedAug 20254%$258,064
Victory Homesnew constructionPBV144CHAP awardedCHAP 20254%
Culmer Apartments VSec. 18 blendnew constructionPBV107Financing Plan inCHAP 20254%$348,809
Gallery at Little Havana Cat 1new constructionPBV21CHAP awardedCHAP 20254%
Liberty Square Cat 1Anew constructionPBV32CHAP awardedCHAP 20254%
Haley Sofge 750Sec. 18 blendPBV40ClosedApr 20254%$199,978
Heritage Village SouthSec. 18 blendnew constructionPBV58ClosedFeb 20254%$260,568
Rainbow VillageSec. 18 blendnew constructionPBV17ClosedJan 20254%$397,523
Tml Homestead ResidencesSec. 18 blendnew constructionPBV50RCC issuedCHAP 20244%$338,047
Perrine Village IISec. 18 blendnew constructionPBV57ClosedDec 20244%$220,671
Homestead GardensSec. 18 blendnew constructionPBV17ClosedDec 20244%$345,909
Harry Cain Cat1new constructionPBV97CHAP awardedCHAP 2024
Jose Marti VillasSec. 18 blendnew constructionPBV42ClosedJun 20244%$233,049
Gallery at Marti ParkSec. 18 blendnew constructionPBV15ClosedDec 20234%$272,713
Brisas del Este ApartmentsPBV30ClosedNov 2023
Culmer ApartmentsSec. 18 blendnew constructionPBV48ClosedJun 20234%Yes$307,583
Quail Roost Transit Village ISec. 18 blendnew constructionPBV20ClosedApr 20234%Yes$277,136
Smathers Plaza IPBV100CHAP awardedCHAP 2023
Smathers Plaza IIPBV82CHAP awardedCHAP 2023
Stirrup Plaza IIPBV7CHAP awardedCHAP 2023
Annie Coleman 15new constructionPBV144CHAP awardedCHAP 2022Both
Gwen Cherry 6new constructionPBV170CHAP awardedCHAP 20224%
Kline Nunnnew constructionPBV232CHAP awardedCHAP 2022
Gallery at West BrickellSec. 18 blendnew constructionPBV38ClosedSep 20224%$268,630
South Miami Gardensnew constructionPBV58ClosedJul 20229%$244,349
Brisas del RioPBV27ClosedJun 2022
Haley SofgeSec. 18 blendPBV96ClosedJun 20224%$148,259
Gallery at River ParcPBV30ClosedMay 2022
Paseo del RioSec. 18 blendnew constructionPBV27ClosedNov 20214%$212,330
Robert King HighSec. 18 blendPBV237ClosedOct 20204%$150,345
Joe Moretti - Phase 1PBV116ClosedSep 2020
Joe Moretti - Phase 2BSec. 18 blendPBV72ClosedSep 20204%$109,056
Jack Orr Plaza - Phase 1PBV200ClosedSep 2020
Collins Park ApartmentsPBV124ClosedAug 2020
Brisas del EsteSec. 18 blendnew constructionPBV34ClosedAug 20204%$182,510
Three Round Towers B & CSec. 18 blendPBV68ClosedAug 20204%$114,910
Joe Moretti Phase 2APBV95ClosedAug 2020
Three Round Tower APBV128ClosedAug 2020
South Miami PlazaPBV97ClosedJul 2020
Dante Fascell ApartmentsPBV151ClosedJul 2020
Stirrup PlazaPBV100ClosedJul 2020
Site 351PBV130CHAP Processing - Withdrawn

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 FL005's remaining units that averages $1,141 a month, against a weighted PBV cap of $2,729 (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
Site 180 FL005000828 457 $1,080 $2,467 $2,691 $1,900 Debt
Site 140 FL005000824 394 $1,303 $3,346 $3,650 $2,505 Debt
Site 130 FL005000823 376 $1,162 $2,482 $2,708 $1,953 Debt
Site 210 FL005000830 354 $1,199 $2,921 $3,186 $2,187 Debt
Site 351 FL005000846 344 $1,205 $3,165 $3,453 $2,303 Debt
Site 361 FL005000847 329 $1,283 $3,040 $3,316 $2,301 Debt
Site 110 FL005000821 325 $1,145 $2,560 $2,792 $1,989 Debt
Site 291 FL005000841 297 $1,327 $3,371 $3,677 $2,507 Debt
Site 330 FL005000844 279 $1,097 $2,801 $3,055 $2,095 Debt
Site 120 FL005000822 268 $1,030 $2,422 $2,642 $1,846 Debt
Site 150 FL005000825 267 $1,032 $2,128 $2,321 $1,698 Debt
Site 190 FL005000829 248 $1,224 $2,858 $3,118 $2,170 Debt
Site 230 and 232 FL005000833 206 $1,016 $2,061 $2,248 $1,668 Debt
Site 340 FL005000845 206 $1,470 $3,260 $3,556 $2,506 Debt
Site 250 FL005000837 175 $984 $2,069 $2,257 $1,632 Debt
Site 160 FL005000826 172 $995 $2,700 $2,945 $1,977 Debt
Site 280 FL005000840 154 $822 $2,050 $2,237 $1,590 Debt
Site 220 FL005000831 139 $1,513 $3,304 $3,605 $2,536 Debt
Site 320 FL005000843 136 $1,074 $2,905 $3,170 $2,095 Debt
Scott Carver Phases 2A & B FL005000048 110 $1,210 $3,189 $3,479 $2,426 Debt
Helen Sawyer Plaza FL005000834 104 $1,099 $2,048 $2,234 $1,696 Debt
Ward Tower II FL005000817 100 $929 $2,011 $2,194 $1,592 Debt
Smathers Phase one FL005000865 100 $843 $2,016 $2,200 $1,531 Debt
Smathers Phase Two FL005000856 82 $713 $2,085 $2,274 $1,508 Debt
Liberty Square - Phase 1 FL005000861 73 $1,049 $2,953 $3,222 $2,138 Debt
Liberty Square - Phase 2 FL005000862 73 $1,051 $2,902 $3,166 $2,113 Debt
Liberty Square Phase 3 FL005000866 71 $1,055 $2,961 $3,230 $2,149 Debt
Scott Carver Phase 2C FL005000049 67 $1,131 $3,066 $3,345 $2,301 Debt
Site 221 FL005000832 56 $1,021 $2,063 $2,251 $1,637 Debt
Martin Fine Villas FL005000859 50 $804 $2,262 $2,468 $1,658 Debt
Lincoln Gardens Phase One FL005000867 49 $1,057 $2,912 $3,177 $2,123 Debt
Site 310 and 311 FL005000842 48 $1,279 $3,490 $3,808 $2,529 Debt
Site 170 FL005000827 44 $1,687 $3,440 $3,752 $2,631 Debt
Site 240 FL005000835 40 $782 $2,011 $2,194 $1,551 Debt
Site 270 FL005000839 28 $976 $2,965 $3,235 $2,069 Debt
Green Turnkey - Rehab FL005000853 22 $1,132 $2,680 $2,923 $2,013 Debt
Modello Apartments FL005000858 20 $1,134 $3,288 $3,587 $2,391 Debt
Stirrup Plaza Phase Two FL005000855 7 $759 $2,194 $2,394 $1,572 Debt
James E. Scott - Historical FL005000014 4 $1,355 $3,060 $3,338 $2,166 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.