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PHA code NC016 · Medium PHA · North Carolina

Housing Authority of the City of Salisbury

Housing Authority of the City of Salisbury has closed 4 RAD conversions covering 545 public housing units. HUD’s rents tool lists no unconverted public housing for it.

Of the closed deals, 0 went to project-based vouchers (PBV) and 4 to project-based rental assistance (PBRA). 2 used low-income housing tax credits and 0 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for NC016, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Salisbury ElderlyPBRA138ClosedJul 2016
Salisbury FamilyPBRA327ClosedJul 2016$2,124
Civic Park 2new constructionPBRA44ClosedAug 20159%$87,143
Civic Park 1new constructionPBRA36ClosedJul 20149%$59,140

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
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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.