PHA code MD002 · Large PHA · Maryland
Housing Authority of Baltimore City
Housing Authority of Baltimore City has closed 32 RAD conversions covering 4,369 public housing units, with 1 more (30 units) between CHAP and closing. It still has 6,523 public housing units in 31 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 4,369
- In the pipeline 30
- Still public housing 6,523
Of the closed deals, 8 went to project-based vouchers (PBV) and 24 to project-based rental assistance (PBRA). 29 used low-income housing tax credits and 21 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Arbor Oaks | PBV | 62 | Closed | Mar 2026 | 4% | Yes | $153,015 |
| Laurens House and Carey House Rehab | PBV | 59 | Closed | Feb 2026 | 4% | $221,550 | |
| Townes at the TerracesSec. 18 blend | PBV | 202 | Closed | Nov 2025 | 4% | $164,578 | |
| The Rosemont Low-Rise Townhomes | PBRA | 106 | Closed | Dec 2022 | 4% | Yes | $220,996 |
| Perkins Phase 1Sec. 18 blendnew construction | PBV | 20 | Closed | Jun 2022 | 4% | $266,593 | |
| Hollander Ridge | PBV | 94 | Closed | Dec 2021 | |||
| Somerset Phase 3Sec. 18 blendnew construction | PBV | 15 | Closed | Nov 2021 | 4% | $295,905 | |
| 520 Somerset 9% Choice Psonew construction | PBV | 44 | Closed | Jun 2021 | 9% | $227,491 | |
| 525 Asquith 4% Choice PsoSec. 18 blendnew construction | PBV | 23 | Closed | Jun 2021 | 4% | $232,235 | |
| Dukeland Rehab | PBV | 30 | CHAP awarded | CHAP 2021 | 4% | ||
| Somerset Court Extnew construction | PBRA | 57 | Closed | Dec 2019 | 4% | Yes | $209,252 |
| Rosemont | PBRA | 203 | Closed | Nov 2019 | 4% | Yes | $101,884 |
| 118 Homes for Arundel | PBRA | 58 | Closed | May 2019 | 9% | $117,281 | |
| WEST TWENTY (J. Van Story Branch Sr Apts) | PBRA | 350 | Closed | Nov 2018 | 4% | $113,017 | |
| Heritage Crossing | PBRA | 75 | Closed | Nov 2018 | 4% | Yes | $64,288 |
| Monument East | PBRA | 170 | Closed | Aug 2018 | 4% | Yes | $128,266 |
| Hillside Park | PBRA | 30 | Closed | Dec 2017 | 4% | Yes | $64,941 |
| Terrace Senior Building | PBRA | 47 | Closed | Nov 2017 | $38 | ||
| Broadway Overlook - Phase 3 | PBRA | 84 | Closed | Aug 2017 | $18,457 | ||
| Ellerslie Apts | PBRA | 117 | Closed | Jan 2017 | 4% | Yes | $87,834 |
| Chase House | PBRA | 189 | Closed | Dec 2016 | 4% | Yes | $90,879 |
| Govans Manor | PBRA | 191 | Closed | Nov 2016 | 9% | Yes | $86,255 |
| Mcculloh Homes Ext | PBRA | 347 | Closed | Nov 2016 | 4% | Yes | $108,059 |
| Pleasant View - Senior | PBRA | 110 | Closed | Sep 2016 | 4% | Yes | $51,360 |
| Pleasant View - Townhomes | PBRA | 201 | Closed | Jul 2016 | 4% | Yes | $63,858 |
| Primrose Place | PBRA | 125 | Closed | Feb 2016 | 4% | Yes | $69,647 |
| The Brentwood | PBRA | 150 | Closed | Dec 2015 | 4% | Yes | $102,034 |
| Wyman House | PBRA | 168 | Closed | Dec 2015 | 4% | Yes | $70,177 |
| Hollins House | PBRA | 130 | Closed | Nov 2015 | 4% | Yes | $89,661 |
| Bel Park Tower | PBRA | 253 | Closed | Nov 2015 | 4% | Yes | $68,617 |
| Lakeview Tower | PBRA | 302 | Closed | Nov 2015 | 4% | Yes | $63,767 |
| Bernard E Mason Apts | PBRA | 223 | Closed | Nov 2015 | 4% | Yes | $69,290 |
| Allendale | PBRA | 164 | Closed | Nov 2015 | 4% | Yes | $73,364 |
| Sharp Leadenhall | PBV | 23 | CHAP Processing - Withdrawn |
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 MD002's remaining units that averages $1,925 a month, against a weighted PBV cap of $2,172 (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.
| Project | Units | 2026 RAD rent | PBV cap | PBRA cap | 60/40 blend | Rent check |
|---|---|---|---|---|---|---|
| Cherry Hill Homes MD002000011 | 1,281 | $1,930 | $2,251 | $2,456 | $2,168 | Debt |
| Latrobe Homes MD002000001 | 669 | $1,897 | $2,015 | $2,198 | $2,008 | Debt |
| Mcculloh Homes MD002000002 | 553 | $1,927 | $2,098 | $2,288 | $2,072 | Debt |
| Brooklyn Homes MD002000021 | 483 | $1,920 | $2,175 | $2,373 | $2,116 | Debt |
| Gilmor Homes MD002000006 | 415 | $1,925 | $1,987 | $2,168 | $2,004 | Debt |
| Douglass Homes MD002000005 | 387 | $1,885 | $1,917 | $2,092 | $1,945 | Debt |
| Perkins Homes MD002000003 | 367 | $1,924 | $2,039 | $2,224 | $2,035 | Debt |
| Scattered Site MD002000203 | 289 | $2,056 | $2,464 | $2,688 | $2,352 | Debt |
| Poe Homes MD002000004 | 288 | $1,869 | $1,908 | $2,082 | $1,932 | Debt |
| Westport Homes MD002000022 | 252 | $1,939 | $2,197 | $2,397 | $2,140 | Debt |
| O`donnell Heights MD002000009 | 229 | $1,887 | $2,161 | $2,357 | $2,093 | Debt |
| Scattered Site MD002000202 | 210 | $2,007 | $2,296 | $2,504 | $2,231 | Debt |
| Townes at the Terraces MD002000106 | 203 | $1,755 | $2,403 | $2,621 | $2,026 | Debt |
| Scattered Site MD002000200 | 182 | $2,211 | $2,582 | $2,817 | $2,487 | Debt |
| Scattered Site MD002000201 | 166 | $2,162 | $2,439 | $2,661 | $2,379 | Debt |
| Albemarle Square - Phase 3 MD002000114 | 130 | $1,776 | $2,401 | $2,619 | $2,043 | Debt |
| Arbor Oaks MD002000101 | 62 | $1,662 | $1,877 | $2,048 | $1,753 | Debt |
| Barclay Phase 1 MD002000121 | 53 | $1,757 | $1,893 | $2,066 | $1,798 | Debt |
| Reservoir Hill MD002000117 | 40 | $1,749 | $2,243 | $2,447 | $1,997 | Debt |
| Midtown Apartments MD002000103 | 35 | $1,827 | $2,140 | $2,334 | $1,959 | Debt |
| Bailey Scattered Site-Phase I MD002000205 | 34 | $2,092 | $2,615 | $2,853 | $2,432 | Debt |
| Uptown Apartments MD002000108 | 33 | $1,602 | $2,144 | $2,339 | $1,863 | Debt |
| Rosemont/dukeland MD002000031 | 30 | $2,198 | $2,805 | $3,060 | $2,617 | Debt |
| St Ambrose MD002000116 | 30 | $1,665 | $2,563 | $2,796 | $2,058 | Debt |
| Stricker Street MD002000109 | 25 | $1,748 | $2,435 | $2,657 | $2,101 | Debt |
| Sharp Leadenhall MD002000119 | 23 | $1,924 | $2,396 | $2,614 | $2,119 | Debt |
| Thompson 22 - Scattered Site MD002000123 | 22 | $2,170 | $2,444 | $2,666 | $2,362 | Debt |
| Montpelier MD002000104 | 13 | $1,669 | $2,196 | $2,396 | $1,922 | Debt |
| Monastery Gardens MD002000102 | 10 | $1,716 | $2,225 | $2,427 | $1,906 | Debt |
| West Hills Square MD002000113 | 5 | $1,802 | $1,890 | $2,062 | $1,788 | Debt |
| ALBEMARLE SQUARE-Scattered sites MD002000204 | 4 | $2,018 | $2,872 | $3,133 | $2,475 | 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.
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.