PHA code GA285 · Medium PHA · Georgia

Northwest Georgia Housing Authority

Northwest Georgia Housing Authority has closed 6 RAD conversions covering 423 public housing units, with 11 more (485 units) between CHAP and closing. It still has 608 public housing units in 14 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 5 went to project-based vouchers (PBV) and 1 to project-based rental assistance (PBRA). 6 used low-income housing tax credits and 2 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for GA285, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Floyd Street ApartmentsSec. 18 blendnew constructionPBRA20ClosedAug 20269%$220,820
Joe Wright VillagePBRA24CHAP awardedCHAP 2026
Charles Hight HomePBRA202CHAP awardedCHAP 2026Both
Main High ApartmentsPBRA64CHAP awardedCHAP 2026Both
Maple Avenue RenaissancePBRA6CHAP awardedCHAP 2026
Village GreenPBRA10CHAP awardedCHAP 2026Both
Westview Homes DPBRA70CHAP awardedCHAP 2026Both
Charles Hight at Ave BPBRA8CHAP awardedCHAP 2026
Jackson SquarePBRA16CHAP awardedCHAP 2026
Pennington PlacePBRA2CHAP awardedCHAP 2026
Willingham at DivisionPBRA27CHAP awardedCHAP 2026
Elm Street ApartmentsPBV41ClosedSep 20259%$262,888
Willingham Village Cnew constructionPBV66ClosedJun 20209%$214,843
Charles Hight HomePBV100ClosedJul 20194%Yes$65,325
Park HomesPBV100ClosedJul 20194%Yes$81,510
John Graham Homes ASec. 18 blendnew constructionPBRA56Financing Plan inCHAP 20199%$253,496
Willingham Village - Phase 1PBV96ClosedApr 20154%$55,174

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 GA285's remaining units that averages $987 a month, against a weighted PBV cap of $1,240 (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. 1 of GA285's 14 projects are already at or above the PBV cap.

Unconverted public housing projects, May 2026 RAD rents tool
Project Units 2026 RAD rent PBV cap PBRA cap 60/40 blend Rent check
Charles Hight Home GA285100104 202 $977 $954 $1,041 $1,000 Debt
John Graham Homes GA285200102 149 $1,063 $1,514 $1,652 $1,315 Debt
Westview Homes GA285500011 90 $1,034 $1,195 $1,303 $1,127 Debt
Park Homes GA285300104 64 $1,054 $1,533 $1,673 $1,333 Debt
Willingham at Division GA285600006 27 $796 $1,327 $1,447 $1,099 Debt
Floyd Street Apartments GA285000016 20 $899 $1,218 $1,328 $996 Debt
Jackson Square GA285800010 10 $739 $1,020 $1,113 $894 Debt
Village Green GA285900009 10 $810 $1,618 $1,765 $1,271 Debt
Joe Wright Village GA285000012 9 $890 $1,157 $1,262 $1,031 Debt
Charles Hight at Ave B GA285800008 8 $784 $1,311 $1,430 $1,029 Debt
Jackson Square Phase II GA285000011 6 $718 $942 $1,028 $825 Debt
Maple Avenue Renaissance GA285000013 6 $789 $1,375 $1,500 $1,033 Debt
Joe Wright Village Phase II GA285000014 5 $712 $1,252 $1,366 $1,013 Debt
Pennington Place GA285700007 2 $848 $1,311 $1,430 $1,062 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.