PHA code IL030 · Medium PHA · Illinois

St. Clair County Housing Authority

St. Clair County Housing Authority has closed 1 RAD conversion covering 44 public housing units. It still has 843 public housing units in 6 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 1 went to project-based vouchers (PBV) and 0 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 IL030, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Scattered Sites NorthPBV44ClosedSep 2025$59,068

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 IL030's remaining units that averages $979 a month, against a weighted PBV cap of $1,375 (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
AMP 2 Private Mathison/Hawthorne IL030000002 257 $1,085 $1,500 $1,636 $1,314 Debt
AMP 4 Belleville/Swansea IL030000004 166 $853 $1,100 $1,200 $988 Debt
AMP 1 Thomas Terry Apts. IL030000001 158 $1,010 $1,487 $1,622 $1,266 Debt
AMP 6 Scattered Sites South IL030000006 127 $887 $1,307 $1,426 $1,104 Debt
AMP 5 Scattered Sites North IL030000005 76 $853 $1,303 $1,421 $1,069 Debt
AMP 3 Ernest Smith Sr. Apts. IL030000003 59 $1,145 $1,537 $1,677 $1,362 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

Get word of IL030's next RAD closing

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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.