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PHA code OH001 · Small PHA · Ohio

Columbus Metropolitan Housing Authority

Columbus Metropolitan Housing Authority has closed 10 RAD conversions covering 1,169 public housing units, with 1 more (95 units) between CHAP and closing. It still has 125 public housing units in 2 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 10 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 5 used low-income housing tax credits and 1 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for OH001, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
Waggoner Senior HousingSec. 18 blendnew constructionPBV12ClosedAug 20244%$211,786
Post Oak Station IInew constructionPBV148ClosedJun 20224%Yes$143,656
Poindexter Phase II BPBV17ClosedNov 2020
RosewindPBV230ClosedJul 20204%$46,949
Poindexter PlacePBV34ClosedSep 2019
The MeadowsSec. 18 blendPBV95RCC issuedCHAP 20194%$102,434
Eastmoor Square, Ohio Townhouses, Glenview Estates, Indian MeadowsPBV255ClosedNov 20184%$40,428
New Village PlacePBV20ClosedJun 2018
Jenkins Terrace IIPBV100ClosedJun 2017
Worley Terrace IIPBV100ClosedJun 2017
Sawyer Manor & TowersPBV253ClosedJun 20174%$37,349

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 OH001's remaining units that averages $875 a month, against a weighted PBV cap of $1,672 (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
The Meadows OH001000147 95 $922 $1,786 $1,948 $1,412 Debt
Waggoner Senior Housing OH001000149 30 $728 $1,313 $1,433 $1,078 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.

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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.