PHA code GA006 · Large PHA · Georgia

The Housing Authority of the City of Atlanta, Georgia

The Housing Authority of the City of Atlanta, Georgia has closed 20 RAD conversions covering 2,080 public housing units, with 3 more (197 units) between CHAP and closing. It still has 2,165 public housing units in 28 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 20 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 14 used low-income housing tax credits and 1 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for GA006, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Village at Carver, Phase III Cat1Sec. 18 blendPBV21CHAP awardedCHAP 2026
Ashley Collegetown ISec. 18 blendPBV78ClosedDec 20254%$120,939
Cosby Spear HighriseSec. 18 blendPBV113ClosedDec 20244%$213,490
Capitol Gateway IPBV89CHAP awardedCHAP 20244%
Villages at Carver, Phase IIISec. 18 blendPBV87CHAP awardedCHAP 20244%
Village at Carver Phase 1Sec. 18 blendPBV66ClosedNov 20234%$92,324
East Lake HighrisePBV149ClosedAug 20239%$168,265
Barge Road HighrisePBV129ClosedJul 20224%$61,483
Village at Castleberry Hill Phase IISec. 18 blendPBV46ClosedJul 20224%$117,339
Hightower Manor HighrisePBV129ClosedMar 20224%$167,571
Columbia VillagePBV30ClosedJul 20214%$68,021
Peachtree Road HighrisePBV196ClosedApr 20204%$51,330
Columbia Park CitiPBV61ClosedMar 2020
Columbia EstatesPBV50ClosedFeb 2020$3
Mechanicsville IIIPBV54ClosedFeb 2020
Columbia CommonsPBV48ClosedFeb 2020$153
Mechanicsville IIPBV62ClosedFeb 2020
Mcdaniel Homes VI / Mechanicsville VIPBV47ClosedFeb 2020$8
Marietta Road HighrisePBV129ClosedJan 20204%$52,875
VILLAGES OF EASTLAKE I and IIPBV271ClosedNov 20194%$50,479
Village at Castleberry Hill Phase IPBV66ClosedJun 20189%Yes$75,345
Piedmont Road HighrisePBV207ClosedNov 20174%$38,215
Juniper & Tenth HighrisePBV149ClosedNov 20169%$108,154

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 GA006's remaining units that averages $987 a month, against a weighted PBV cap of $1,970 (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
Cosby Spear Highrise(no Acc) GA006000241 282 $1,044 $1,779 $1,940 $1,527 Debt
Marian Road Highrise GA006000520 240 $1,013 $1,827 $1,993 $1,548 Debt
Cheshire Bridge Road Highrise GA006000470 162 $983 $1,827 $1,993 $1,534 Debt
Village at Carver , Phase III GA006000880 108 $932 $2,134 $2,328 $1,545 Debt
CAPITOL Gateway III GA006000970 89 $868 $1,989 $2,170 $1,458 Debt
Magnolia Park I GA006000820 87 $962 $2,046 $2,231 $1,566 Debt
Georgia Avenue Highrise GA006000250 81 $1,071 $1,828 $1,994 $1,565 Debt
ASHLEY COLLEGETOWN I/Harris Homes V GA006000930 78 $862 $2,048 $2,234 $1,485 Debt
Villages at Carver Phase V /Carver V GA006001020 78 $880 $1,991 $2,172 $1,461 Debt
Atrium at Collegetown/John O. Chiles Sr GA006001030 76 $924 $1,861 $2,030 $1,501 Debt
Magnolia Park II GA006000860 73 $966 $2,072 $2,260 $1,573 Debt
Ashley CollegetownII/AshColl 2HarrV GA006001090 70 $871 $1,976 $2,155 $1,461 Debt
Mech Crossing/Mech-3-McDan/Gle HomesIV GA006001050 68 $910 $2,095 $2,286 $1,524 Debt
Mech StatCross/Mech-4-McDanGlen homes IV GA006001060 63 $936 $2,096 $2,287 $1,520 Debt
Columbia Creste GA006000950 61 $908 $2,054 $2,240 $1,503 Debt
Martin Street Plaza GA006000560 60 $1,840 $2,566 $2,800 $2,335 Debt
COLUMBIA GROVE (PERRY IV Homes) GA006000960 56 $957 $2,097 $2,288 $1,539 Debt
Ashley Auburn Pointe I (Grady III) GA006001080 54 $936 $2,057 $2,244 $1,517 Debt
Ashley Auburn Pointe II GA006001110 51 $862 $1,943 $2,119 $1,425 Debt
Capital Gateway II aka Cap Gate IV GA006000990 49 $815 $1,950 $2,127 $1,416 Debt
ASHLEY COURTS at Cascade I GA006000830 46 $1,077 $2,197 $2,397 $1,662 Debt
Ashley Courts at Cascade - Phase II GA006000870 41 $1,097 $2,215 $2,416 $1,703 Debt
Veranda at Auburn Pointe/Veranda/GradyII GA006001040 38 $705 $1,835 $2,002 $1,283 Debt
ASHLEY TERRACE at West End GA006000840 34 $848 $1,955 $2,133 $1,428 Debt
VILLAGE of CARVER Homes, Phase II GA006000910 33 $945 $2,195 $2,395 $1,571 Debt
Westminster GA006000440 32 $1,389 $1,991 $2,172 $1,796 Debt
ASHLEY Crt at CASCADE I, PHASE III GA006000900 29 $1,056 $2,139 $2,333 $1,646 Debt
Gardens at Collegetown/JohnChilesHarrVI/ GA006001070 26 $860 $1,788 $1,950 $1,414 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

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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.