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PHA code GA001 · Large PHA · Georgia

Housing Authority of the City of Augusta (GA001)

Housing Authority of the City of Augusta has closed 5 RAD conversions covering 66 public housing units. It still has 1,872 public housing units in 12 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 0 went to project-based vouchers (PBV) and 5 to project-based rental assistance (PBRA). 0 used low-income housing tax credits and 0 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for GA001, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Legacy at Walton OaksPBRA12ClosedJun 2020
Legacy at Walton Oaks Phase IIPBRA10ClosedJun 2020
Walton OaksPBRA14ClosedJun 2020
Walton Oaks Phase IIPBRA16ClosedJun 2020$10
Legacy at Walton GreenPBRA14ClosedMay 2020

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 GA001's remaining units that averages $991 a month, against a weighted PBV cap of $1,477 (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
Dogwood Terrace GA001000060 270 $1,064 $1,565 $1,707 $1,390 Debt
Olmstead Homes GA001000010 255 $1,039 $1,428 $1,558 $1,314 Debt
Oak Pointe Apartments GA001000050 250 $1,031 $1,555 $1,696 $1,371 Debt
Peabody Apts/ervin Towers GA001000071 228 $857 $1,196 $1,304 $1,095 Debt
Barton Village GA001000140 153 $1,054 $1,869 $2,039 $1,470 Debt
Allen Homes GA001000080 150 $1,016 $1,569 $1,712 $1,335 Debt
Jennings Place GA001000100 150 $1,015 $1,669 $1,821 $1,399 Debt
Peabody Apts/ervin Towers GA001000072 100 $884 $1,185 $1,293 $1,101 Debt
Hal Powell Apartments GA001000090 100 $832 $1,220 $1,331 $1,103 Debt
M M Scott Apartments GA001000120 100 $1,112 $1,477 $1,611 $1,378 Debt
Overlook Apartments GA001000160 76 $905 $1,404 $1,531 $1,169 Debt
Powell Pointe GA001000210 40 $806 $1,258 $1,372 $1,103 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.

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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.