PHA code IL092 · Medium PHA · Illinois
Housing Authority of Elgin
Housing Authority of Elgin has closed 3 RAD conversions covering 253 public housing units. HUD’s rents tool lists no unconverted public housing for it.
- Converted 253
- In the pipeline 0
- Still public housing 0
Of the closed deals, 1 went to project-based vouchers (PBV) and 2 to project-based rental assistance (PBRA). 3 used low-income housing tax credits and 1 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Scattered Sites A | PBV | 30 | Closed | Jul 2017 | 4% | $84,423 | |
| Scattered Sites | PBRA | 74 | Closed | May 2016 | 4% | $69,476 | |
| Central Park Towersnew construction | PBRA | 149 | Closed | Dec 2014 | 9% | Yes | $107,341 |
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.
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.