PHA code NH001 · Large PHA · New Hampshire

Manchester Housing & Redevelopment Authority

Manchester Housing & Redevelopment Authority has no closed RAD conversions in HUD's data. It still has 1,169 public housing units in 8 projects that HUD's May 2026 rents tool prices for RAD.

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 NH001's remaining units that averages $1,103 a month, against a weighted PBV cap of $1,968 (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
Pariseau/Burns NH001000008 221 $1,001 $1,681 $1,834 $1,441 Debt
Elmwood Gardens NH001000001 200 $1,394 $2,482 $2,707 $2,090 Debt
OMalley/Kalivas NH001000005 200 $1,026 $1,676 $1,829 $1,450 Debt
Scattered Sites-Elderly NH001000003 190 $935 $1,750 $1,909 $1,409 Debt
Kelley Falls NH001000002 132 $1,216 $2,387 $2,604 $1,895 Debt
Gallen Apts NH001000015 95 $1,057 $1,741 $1,899 $1,461 Debt
Benoit Homes West Side NH001000016 68 $938 $1,726 $1,883 $1,386 Debt
Scattered Sites-Family NH001000004 63 $1,292 $2,657 $2,899 $2,068 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 NH001'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.