PHA code NY005 · Large PHA · New York
New York City Housing Authority
New York City Housing Authority has closed 33 RAD conversions covering 14,229 public housing units, with 15 more (4,904 units) between CHAP and closing. It still has 152,781 public housing units in 139 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 14,229
- In the pipeline 4,904
- Still public housing 152,781
Of the closed deals, 33 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 21 used low-income housing tax credits and 6 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Rangel HousesSec. 18 blend | PBV | 982 | Closed | Oct 2026 | 4% | $390,758 | |
| Nostrand HousesSec. 18 blend | PBV | 1,145 | Closed | Sep 2026 | Yes | $340,685 | |
| Harbor Breeze-Ocean Bay Apartments (oceanside) Transfer of Assistance | PBV | 8 | CHAP awarded | CHAP 2026 | 9% | ||
| Bronx Bundle (murphy Mosaic Llc)Sec. 18 blend | PBV | 757 | Financing Plan in | CHAP 2026 | $368,622 | ||
| Bronx Bundle Senior (murphy Mosaic Senior Llc)Sec. 18 blend | PBV | 382 | Financing Plan in | CHAP 2026 | $368,171 | ||
| Kingsborough Seniors First (toa)Sec. 18 blendnew construction | PBV | 85 | Financing Plan in | CHAP 2026 | 4% | Yes | $580,936 |
| PHPT UNITY TOWERS (Gerald J. Carey Gardens) | PBV | 193 | CHAP awarded | CHAP 2026 | Both | ||
| Phpt Hylan Houses | PBV | 209 | CHAP awarded | CHAP 2026 | Both | ||
| Morris Seniors First / Sol on Park (Morris I and Morris II)Sec. 18 blendnew construction | PBV | 80 | Closed | Jun 2026 | 4% | Yes | $577,306 |
| Mca - Moore & East 52nd St.-Courtlandt Ave.Sec. 18 blend | PBV | 680 | Closed | May 2026 | 4% | $405,585 | |
| Bronx River Addition | PBV | 226 | CHAP awarded | CHAP 2026 | |||
| Hernandez | PBV | 149 | CHAP awarded | CHAP 2026 | |||
| Seward Park ExtensionSec. 18 blend | PBV | 357 | RCC issued | CHAP 2026 | 4% | $405,962 | |
| Campos Plaza IISec. 18 blend | PBV | 223 | Closed | Feb 2026 | $313,246 | ||
| Jackie Robinson and Harlem Scattered SitesSec. 18 blend | PBV | 1,052 | Closed | Dec 2025 | 4% | $329,138 | |
| Bay ViewSec. 18 blend | PBV | 1,268 | Closed | Dec 2025 | Both | $345,306 | |
| East River - Metro North Plaza - WhiteSec. 18 blend | PBV | 514 | Closed | Sep 2025 | 4% | $405,071 | |
| Pact Ocean Hill - Stuyvesant Gardens (htc)Sec. 18 blend | PBV | 330 | Closed | Sep 2025 | 4% | $412,869 | |
| Pact Ocean Hill - Stuyvesant Gardens (non-Htc)Sec. 18 blend | PBV | 593 | Closed | Sep 2025 | $368,984 | ||
| Howardnew construction | PBV | 8 | CHAP awarded | CHAP 2025 | |||
| Pact Northwest Bronx (non-Oz) - NW Bronx Housing Preservation Experience L.p.Sec. 18 blend | PBV | 791 | Closed | Jun 2025 | 4% | $292,748 | |
| Pact Northwest Bronx (oz) - NW Oz Bronx Housing PreservationSec. 18 blend | PBV | 869 | Closed | Jun 2025 | 4% | $327,722 | |
| Eastchester GardensSec. 18 blend | PBV | 875 | Closed | Mar 2025 | 4% | $333,027 | |
| Manhattanville | PBV | 107 | Closed | Dec 2024 | 4% | $314,631 | |
| Boston-Secor | PBV | 96 | Closed | Sep 2024 | 4% | $371,289 | |
| Frederick Samuel (city) | PBV | 56 | Closed | Sep 2024 | 4% | $373,007 | |
| Sack-Wern Houses | PBV | 42 | Closed | Jun 2024 | $362,764 | ||
| West Brighton (wb I & Ii) | PBV | 60 | Closed | Jun 2024 | 4% | $360,833 | |
| West Tremont | PBV | 148 | CHAP awarded | CHAP 2024 | |||
| Reid Apartments & Rutland TowerSec. 18 blend | PBV | 170 | Closed | Nov 2023 | $302,538 | ||
| Union Ave_union Ave ConsolidatedSec. 18 blend | PBV | 100 | Closed | Sep 2023 | $222,597 | ||
| Edenwald | PBV | 204 | Closed | Jun 2023 | 4% | $308,197 | |
| PACT 2020 - PROJECT 1 (Audubon, Bethune, Marshall)Sec. 18 blend | PBV | 56 | Closed | Jan 2023 | 4% | $201,679 | |
| Elliott-Chelsea Phase I ProjectSec. 18 blendnew construction | PBV | 410 | RCC issued | CHAP 2023 | $753,689 | ||
| Fulton Elliott-Chelsea Future Phasesnew construction | PBV | 1,361 | CHAP awarded | CHAP 2023 | |||
| Fulton Phase I ProjectSec. 18 blendnew construction | PBV | 216 | RCC issued | CHAP 2023 | $733,773 | ||
| East River - WilsonSec. 18 blend | PBV | 395 | RCC issued | CHAP 2023 | 4% | $399,985 | |
| PACT 2020 - PROJECT 2 (Harlem River)Sec. 18 blend | PBV | 23 | Closed | Feb 2022 | 4% | $266,871 | |
| Belmont Sutter Area / Fiorentino PlazaSec. 18 blend | PBV | 46 | Closed | Dec 2021 | 4% | Yes | $276,330 |
| Pennsylvania / Wortman AvesSec. 18 blend | PBV | 67 | Closed | Dec 2021 | Yes | $166,045 | |
| Williamsburg | PBV | 161 | Closed | Dec 2021 | 4% | Yes | $236,798 |
| Manhattan BundleSec. 18 blend | PBV | 206 | Closed | Nov 2020 | $157,629 | ||
| Louis Armstrong ISec. 18 blend | PBV | 434 | Closed | Feb 2020 | $169,927 | ||
| TompkinsSec. 18 blend | PBV | 112 | Closed | Feb 2020 | $118,832 | ||
| Hope Gardens, Bushwick B & D, Palmetto GardensSec. 18 blend | PBV | 555 | Closed | Aug 2019 | 4% | $161,063 | |
| Franklin Ave I, Franklin Ave Iii, Highbridge Rehab Anderson Ave | PBV | 207 | Closed | Nov 2018 | $41,097 | ||
| Betances I, Ii, Iii, V, VI | PBV | 732 | Closed | Nov 2018 | $110,356 | ||
| Ocean Bay (bayside) | PBV | 1,393 | Closed | Dec 2016 | 4% | Yes | $170,351 |
| Samuel Gompers | PBV | 0 | CHAP Processing - Submitted |
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 NY005's remaining units that averages $1,805 a month, against a weighted PBV cap of $3,358 (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 |
|---|---|---|---|---|---|---|
| Baruch NY005010600 | 2,391 | $1,888 | $3,364 | $3,670 | $2,838 | Debt |
| Frederick Douglass & Add. NY005010820 | 2,351 | $1,840 | $3,401 | $3,711 | $2,842 | Debt |
| Nostrand NY005010360 | 2,204 | $1,824 | $3,272 | $3,570 | $2,758 | Debt |
| Ravenswood NY005000480 | 2,166 | $1,732 | $3,160 | $3,447 | $2,654 | Debt |
| Sen. Robert F. Wagner Sr. NY005010740 | 2,162 | $1,883 | $3,394 | $3,703 | $2,855 | Debt |
| East River NY005010090 | 2,090 | $1,867 | $3,368 | $3,674 | $2,831 | Debt |
| Pomonok NY005000530 | 2,071 | $1,753 | $3,164 | $3,451 | $2,664 | Debt |
| Forest NY005000590 | 1,969 | $1,841 | $3,392 | $3,700 | $2,835 | Debt |
| George Washington NY005010620 | 1,961 | $1,861 | $3,323 | $3,625 | $2,803 | Debt |
| General Grant NY005000870 | 1,940 | $1,797 | $3,410 | $3,720 | $2,830 | Debt |
| Governor Smith NY005000270 | 1,935 | $1,848 | $3,450 | $3,763 | $2,875 | Debt |
| Gouverneur Morris I NY005011020 | 1,887 | $2,026 | $3,506 | $3,824 | $2,977 | Debt |
| Wald NY005000230 | 1,861 | $1,873 | $3,436 | $3,749 | $2,876 | Debt |
| Howard NY005000720 | 1,813 | $1,863 | $3,428 | $3,739 | $2,867 | Debt |
| Lester W. Patterson NY005000240 | 1,789 | $1,837 | $3,439 | $3,751 | $2,861 | Debt |
| Vladeck NY005010060 | 1,767 | $1,696 | $3,178 | $3,467 | $2,651 | Debt |
| Jacob Riis NY005010180 | 1,765 | $1,971 | $3,432 | $3,744 | $2,913 | Debt |
| John P. Mitchel NY005011450 | 1,730 | $1,843 | $3,314 | $3,616 | $2,788 | Debt |
| Throggs Neck NY005010630 | 1,724 | $1,813 | $3,287 | $3,586 | $2,759 | Debt |
| Justice Sonia Sotomayor Houses NY005010670 | 1,724 | $1,864 | $3,342 | $3,645 | $2,813 | Debt |
| Ingersoll NY005000140 | 1,721 | $1,890 | $3,490 | $3,807 | $2,915 | Debt |
| Andrew Jackson NY005012670 | 1,711 | $1,816 | $3,448 | $3,761 | $2,856 | Debt |
| Marcy NY005000210 | 1,709 | $1,801 | $3,490 | $3,807 | $2,879 | Debt |
| Jefferson NY005010640 | 1,664 | $1,902 | $3,331 | $3,634 | $2,824 | Debt |
| Whitman NY005005140 | 1,642 | $1,839 | $3,457 | $3,772 | $2,875 | Debt |
| Castle Hill NY005020800 | 1,619 | $1,687 | $3,549 | $3,871 | $2,829 | Debt |
| Polo Grounds Towers NY005001490 | 1,614 | $1,936 | $3,501 | $3,819 | $2,940 | Debt |
| Parkside NY005010470 | 1,612 | $1,721 | $3,156 | $3,443 | $2,645 | Debt |
| Van Dyke I NY005000610 | 1,600 | $1,842 | $3,348 | $3,652 | $2,811 | Debt |
| Breukelen NY005000560 | 1,595 | $1,923 | $3,405 | $3,714 | $2,878 | Debt |
| Queensbridge NY005000050 | 1,587 | $1,704 | $3,179 | $3,468 | $2,654 | Debt |
| Sen. Robert A. Taft NY005010970 | 1,570 | $1,997 | $3,306 | $3,606 | $2,848 | Debt |
| Bronx River & Addition NY005010320 | 1,553 | $1,815 | $3,381 | $3,689 | $2,814 | Debt |
| Queensbridge NY005005050 | 1,535 | $1,728 | $3,165 | $3,452 | $2,655 | Debt |
| St Nicholas NY005000380 | 1,523 | $1,872 | $3,378 | $3,685 | $2,840 | Debt |
| Samuel Gompers NY005011000 | 1,510 | $1,846 | $3,274 | $3,572 | $2,762 | Debt |
| Cypress Hills NY005010700 | 1,509 | $1,826 | $3,411 | $3,721 | $2,842 | Debt |
| Surfside Gardens NY005011700 | 1,508 | $1,701 | $3,379 | $3,686 | $2,756 | Debt |
| Pelham Parkway NY005010390 | 1,501 | $1,818 | $3,147 | $3,433 | $2,676 | Debt |
| Louis Heaton Pink NY005000890 | 1,500 | $1,863 | $3,468 | $3,783 | $2,891 | Debt |
| La Guardia NY005010760 | 1,494 | $1,906 | $3,381 | $3,689 | $2,855 | Debt |
| Butler NY005001130 | 1,492 | $1,517 | $3,609 | $3,937 | $2,798 | Debt |
| Red Hook II NY005000790 | 1,473 | $1,758 | $3,253 | $3,549 | $2,719 | Debt |
| Amsterdam NY005010220 | 1,459 | $1,780 | $3,356 | $3,661 | $2,789 | Debt |
| Marble Hill NY005020490 | 1,425 | $1,636 | $3,147 | $3,433 | $2,568 | Debt |
| Sumner NY005010730 | 1,418 | $1,812 | $3,379 | $3,687 | $2,815 | Debt |
| Marlboro NY005020830 | 1,413 | $1,448 | $3,455 | $3,769 | $2,677 | Debt |
| Red Hook I (east) NY005000040 | 1,408 | $1,734 | $3,198 | $3,489 | $2,677 | Debt |
| Farragut NY005000290 | 1,390 | $1,877 | $3,435 | $3,747 | $2,877 | Debt |
| Mill Brook & Extension NY005010840 | 1,378 | $1,774 | $3,398 | $3,707 | $2,811 | Debt |
| King Towers NY005010300 | 1,375 | $1,939 | $3,392 | $3,701 | $2,876 | Debt |
| Woodside NY005000330 | 1,357 | $1,963 | $3,373 | $3,679 | $2,873 | Debt |
| Kingsborough NY005010100 | 1,347 | $1,673 | $3,144 | $3,430 | $2,619 | Debt |
| Gravesend NY005011720 | 1,332 | $1,840 | $3,295 | $3,595 | $2,779 | Debt |
| Brownsville NY005000160 | 1,325 | $1,827 | $3,440 | $3,753 | $2,861 | Debt |
| Stanley Isaacs NY005011390 | 1,323 | $1,638 | $3,128 | $3,412 | $2,595 | Debt |
| J.w. Johnson NY005000170 | 1,310 | $1,917 | $3,417 | $3,728 | $2,882 | Debt |
| Lincoln NY005000200 | 1,285 | $1,879 | $3,439 | $3,752 | $2,881 | Debt |
| Bay View NY005020920 | 1,269 | $1,501 | $3,304 | $3,604 | $2,609 | Debt |
| Soundview NY005000710 | 1,258 | $1,848 | $3,420 | $3,730 | $2,853 | Debt |
| Gerald J.carey Gardens NY005011660 | 1,256 | $1,735 | $3,288 | $3,587 | $2,728 | Debt |
| Carver NY005000580 | 1,246 | $1,871 | $3,385 | $3,692 | $2,844 | Debt |
| Melrose NY005010280 | 1,244 | $1,934 | $3,409 | $3,719 | $2,881 | Debt |
| Albany I & II NY005010310 | 1,225 | $1,710 | $3,368 | $3,674 | $2,770 | Debt |
| Glenwood NY005000440 | 1,188 | $1,705 | $3,227 | $3,521 | $2,683 | Debt |
| Dyckman NY005000410 | 1,167 | $1,765 | $3,198 | $3,489 | $2,690 | Debt |
| Gowanus NY005000250 | 1,136 | $1,950 | $3,459 | $3,774 | $2,920 | Debt |
| Eleanor Roosevelt I NY005011350 | 1,104 | $1,868 | $3,420 | $3,731 | $2,863 | Debt |
| Astoria NY005000260 | 1,103 | $2,054 | $3,643 | $3,974 | $3,071 | Debt |
| James Monroe NY005000880 | 1,102 | $2,048 | $3,501 | $3,819 | $2,983 | Debt |
| Manhattanville NY005020810 | 1,068 | $1,755 | $3,491 | $3,808 | $2,822 | Debt |
| Eastchester Gardens NY005010340 | 1,056 | $1,832 | $3,428 | $3,739 | $2,850 | Debt |
| Tompkins NY005011310 | 1,046 | $1,958 | $3,632 | $3,962 | $3,026 | Debt |
| South Jamaica II NY005010080 | 1,041 | $1,924 | $3,289 | $3,588 | $2,807 | Debt |
| Langston Hughes Apts NY005011680 | 1,032 | $1,674 | $3,221 | $3,513 | $2,661 | Debt |
| Bushwick NY005020860 | 1,011 | $1,489 | $3,467 | $3,782 | $2,701 | Debt |
| Gen. Charles W. Berry NY005000520 | 1,008 | $1,605 | $3,159 | $3,446 | $2,599 | Debt |
| Mott Haven NY005001210 | 993 | $1,925 | $3,460 | $3,774 | $2,908 | Debt |
| Ralph J. Rangel NY005000370 | 984 | $1,856 | $3,330 | $3,633 | $2,805 | Debt |
| De Hostos Apartments NY005011270 | 982 | $1,725 | $3,174 | $3,462 | $2,652 | Debt |
| Seth Low NY005011690 | 976 | $1,796 | $3,306 | $3,606 | $2,766 | Debt |
| Robert Fulton NY005001360 | 944 | $1,919 | $3,380 | $3,687 | $2,860 | Debt |
| Sedgewick NY005010450 | 934 | $1,751 | $3,089 | $3,370 | $2,615 | Debt |
| Borinquen Plaza Stage I NY005012430 | 934 | $1,899 | $3,619 | $3,948 | $2,994 | Debt |
| Drew Hamilton NY005021110 | 934 | $1,648 | $3,484 | $3,800 | $2,775 | Debt |
| John Adams NY005001180 | 925 | $1,972 | $3,456 | $3,771 | $2,926 | Debt |
| Lewis H. Latimer Gardens NY005011860 | 919 | $1,721 | $3,211 | $3,502 | $2,677 | Debt |
| Baisley Park NY005010910 | 916 | $1,547 | $3,119 | $3,403 | $2,535 | Debt |
| Brevoort NY005000650 | 895 | $1,822 | $3,403 | $3,712 | $2,836 | Debt |
| Hammel NY005010750 | 885 | $1,903 | $3,351 | $3,656 | $2,836 | Debt |
| Lafayette NY005001220 | 882 | $1,867 | $3,619 | $3,948 | $2,984 | Debt |
| Richmond Terrace NY005011170 | 869 | $1,637 | $3,225 | $3,518 | $2,647 | Debt |
| Unity Plaza Sites 4-27 NY005012610 | 860 | $1,927 | $3,404 | $3,714 | $2,869 | Debt |
| West Farms Road NY005015300 | 830 | $1,832 | $3,412 | $3,723 | $2,812 | Debt |
| Wyckoff Gardens NY005011630 | 829 | $1,823 | $3,370 | $3,676 | $2,816 | Debt |
| Daniel Webster NY005011410 | 812 | $1,940 | $3,460 | $3,774 | $2,915 | Debt |
| Saint Marys Park NY005020930 | 797 | $1,539 | $3,282 | $3,580 | $2,610 | Debt |
| Claremont Group IV NY005013080 | 749 | $1,668 | $3,214 | $3,507 | $2,633 | Debt |
| De Witt Clinton NY005001230 | 748 | $1,957 | $3,469 | $3,784 | $2,928 | Debt |
| Bch.41 St/bch. Channel Dr NY005001650 | 712 | $1,741 | $3,272 | $3,570 | $2,723 | Debt |
| Cooper Park NY005000690 | 699 | $1,880 | $3,397 | $3,705 | $2,854 | Debt |
| Highbridge Gardens NY005000780 | 699 | $1,827 | $3,373 | $3,680 | $2,817 | Debt |
| South Beach NY005010350 | 699 | $1,548 | $3,182 | $3,471 | $2,572 | Debt |
| J.l. Elliot NY005011340 | 687 | $1,714 | $3,367 | $3,673 | $2,763 | Debt |
| U.p.a.c.a. Ura (site 5) NY005012410 | 636 | $1,463 | $3,048 | $3,325 | $2,448 | Debt |
| Herbert H. Lehman Village NY005001010 | 622 | $1,887 | $3,458 | $3,772 | $2,894 | Debt |
| Rutgers NY005020990 | 620 | $1,460 | $3,519 | $3,839 | $2,722 | Debt |
| Mariners Harbor NY005000770 | 607 | $1,877 | $3,418 | $3,728 | $2,864 | Debt |
| Redfern NY005000550 | 604 | $1,897 | $3,515 | $3,835 | $2,931 | Debt |
| Ft Independence/heath Ave NY005012020 | 577 | $1,797 | $3,275 | $3,573 | $2,747 | Debt |
| Stapleton NY005021140 | 565 | $1,539 | $3,567 | $3,891 | $2,782 | Debt |
| Boston-Secor NY005011380 | 538 | $1,848 | $3,427 | $3,738 | $2,856 | Debt |
| Taylor St/wythe Ave NY005012340 | 525 | $1,851 | $3,508 | $3,827 | $2,911 | Debt |
| Marcus Garvey (group A) NY005012520 | 521 | $1,639 | $3,290 | $3,589 | $2,673 | Debt |
| Stuyvesant Gardens I NY005012210 | 481 | $1,711 | $3,309 | $3,610 | $2,719 | Debt |
| Lower East Side II NY005012920 | 477 | $1,775 | $3,277 | $3,575 | $2,711 | Debt |
| E.r. Moore NY005010930 | 463 | $1,987 | $3,480 | $3,796 | $2,943 | Debt |
| Twin Parks East (site 9) NY005012270 | 458 | $1,577 | $3,119 | $3,402 | $2,544 | Debt |
| Oceanbay Apartments (oceanside) NY005010980 | 418 | $1,866 | $3,128 | $3,412 | $2,684 | Debt |
| University Ave Rehab NY005013410 | 414 | $1,629 | $3,310 | $3,611 | $2,663 | Debt |
Showing the 120 largest of 139 projects. Search any of them in the rent check.
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.