PHA code NY012 · Medium PHA · New York

Troy Housing Authority (NY012)

Troy Housing Authority has closed 10 RAD conversions covering 1,111 public housing units, with 1 more (0 units) between CHAP and closing. HUD’s rents tool lists no unconverted public housing for it.

Of the closed deals, 10 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 3 used low-income housing tax credits and 0 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for NY012, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Taylor 1 & 2 Cat 1Anew constructionPBV28ClosedOct 20224%$329,513
Martin Luther King CPBV37ClosedNov 20199%$313,699
Martin Luther King Cat2new constructionPBRA0CHAP awardedCHAP 2019
Taylor 3 & 4PBV125ClosedNov 2018$1,551
Kane - Grand - ConwayPBV141ClosedSep 2018$1,424
Corliss Park-FallonPBV184ClosedSep 2018$254
Griswold HeightsPBV390ClosedSep 2018$1,847
Martin Luther King - FallonPBV40ClosedSep 2018$2,332
Phelan & SweeneyPBV112ClosedSep 2018$320
Martin Luther King Catnew constructionPBV8ClosedNov 2017$148,325
Martin Luther Kingnew constructionPBV46ClosedMar 20174%$206,136

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

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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.