PHA code OH003 · Large PHA · Ohio
Cuyahoga Metropolitan Housing Authority
Cuyahoga Metropolitan Housing Authority has closed 38 RAD conversions covering 5,450 public housing units, with 15 more (1,572 units) between CHAP and closing. It still has 5,082 public housing units in 21 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 5,450
- In the pipeline 1,572
- Still public housing 5,082
Of the closed deals, 2 went to project-based vouchers (PBV) and 36 to project-based rental assistance (PBRA). 15 used low-income housing tax credits and 22 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Westside Scattered | PBRA | 67 | Closed | Oct 2026 | Yes | $5,659 | |
| Woodhill Cat 2Cnew construction | PBRA | 45 | CHAP awarded | CHAP 2026 | Both | ||
| Stokes Mall Cat 1new construction | PBRA | 202 | CHAP awarded | CHAP 2025 | |||
| Scranton Castle - Manhattan Tower | PBRA | 189 | Closed | Nov 2025 | Yes | $3,480 | |
| Outhwaite Phase Inew construction | PBRA | 74 | CHAP awarded | CHAP 2025 | |||
| Lakeview Terrace Phase Inew construction | PBRA | 169 | CHAP awarded | CHAP 2025 | Both | ||
| Cedar Phase IVnew construction | PBRA | 50 | Closed | Nov 2024 | 4% | $296,525 | |
| Olde Cedarnew construction | PBRA | 62 | CHAP awarded | CHAP 2024 | |||
| Bellaire A-B Townhomes | PBRA | 340 | Closed | Oct 2024 | $7,785 | ||
| Bellaire Apts - Puritas Gardens | PBRA | 70 | Closed | Oct 2024 | $7,104 | ||
| Crestview Apartments | PBRA | 216 | Closed | Oct 2024 | $21,019 | ||
| Woodhill Station Eastnew construction | PBV | 32 | Closed | Jul 2024 | 4% | $388,550 | |
| W 116 & W 101 | PBRA | 38 | CHAP awarded | CHAP 2023 | |||
| Eastside Scattered Sites | PBRA | 79 | CHAP awarded | CHAP 2023 | |||
| Addison Townhouse and High-Rise | PBRA | 258 | Closed | Nov 2023 | $9,317 | ||
| La Ronde Apartments | PBRA | 58 | Closed | Jan 2023 | $12,483 | ||
| Woodhill Center Eastnew construction | PBV | 58 | Closed | Dec 2022 | 9% | $313,384 | |
| New Carver Park Phase 3 - Rehab | PBRA | 143 | Closed | Dec 2022 | 4% | Yes | $238,550 |
| Fairway Manor / Lorain Square | PBRA | 166 | Closed | Nov 2022 | $11,175 | ||
| Hough III Wade Park | PBRA | 229 | Closed | Nov 2022 | 4% | Yes | $165,799 |
| Woodhill Station Westnew construction | PBRA | 90 | Closed | Jun 2022 | 4% | Yes | $261,385 |
| Oakwood Gardens & Villas | PBRA | 117 | Closed | May 2022 | $2,311 | ||
| Miles-Elmarge | PBRA | 138 | Closed | May 2022 | Yes | $3,003 | |
| Apthorp Apartments | PBRA | 163 | Closed | Apr 2022 | Yes | $8,145 | |
| Park Denison | PBRA | 37 | Closed | Apr 2022 | $21,694 | ||
| Union Square | PBRA | 174 | Closed | Feb 2022 | Yes | $11,044 | |
| Hough I - Springbrook High-Rise | PBRA | 197 | Closed | Jan 2022 | $6,931 | ||
| Beachcrest Apartments | PBRA | 237 | Closed | Jan 2022 | Yes | $4,824 | |
| Mount Auburn | PBRA | 108 | Closed | Dec 2021 | Yes | $2,997 | |
| Legacy Park | PBRA | 36 | Closed | Nov 2021 | $391 | ||
| Hough II - Springbrook Garden Apartments | PBRA | 24 | Closed | Aug 2021 | $1,641 | ||
| Cedar Extension High Rise | PBRA | 156 | Closed | Aug 2021 | Yes | $3,312 | |
| Euclid Beach | PBRA | 150 | Closed | Jul 2021 | Yes | $2,147 | |
| Riverview Tower | PBRA | 499 | Closed | Apr 2021 | Yes | $5,158 | |
| West Boulevard | PBRA | 118 | Closed | Apr 2021 | Yes | $4,041 | |
| Gordon Square | PBV | 58 | CHAP awarded | CHAP 2020 | |||
| King Kennedy North Hr | PBRA | 181 | CHAP awarded | CHAP 2020 | |||
| King Kennedy South Family | PBRA | 216 | CHAP awarded | CHAP 2020 | |||
| Phoenix Village | PBRA | 98 | CHAP awarded | CHAP 2020 | |||
| Westside Homes | PBV | 38 | CHAP awarded | CHAP 2020 | |||
| New Carver Park Phase 4 - Toanew construction | PBRA | 75 | Closed | Nov 2020 | 4% | Yes | $198,713 |
| Woodhill Center North Phase IV Cat 2Bnew construction | PBRA | 66 | RCC issued | CHAP 2020 | 4% | $375,141 | |
| Woodhill Phase III Cat 2Anew construction | PBRA | 34 | CHAP awarded | CHAP 2020 | Both | ||
| Far West Phase I | PBRA | 90 | Closed | May 2020 | Yes | $16,420 | |
| Far West Phase III | PBRA | 204 | Closed | Apr 2020 | 4% | Yes | $165,038 |
| Lakeview Tower | PBRA | 212 | CHAP awarded | CHAP 2020 | Yes | ||
| Far West Phase II | PBRA | 203 | Closed | Mar 2019 | 9% | Yes | $123,415 |
| Carver Park Phase 2 | PBRA | 74 | Closed | May 2018 | 4% | Yes | $154,011 |
| Carver Park Phase I | PBRA | 279 | Closed | Sep 2016 | 4% | Yes | $78,298 |
| Cedar Central - Phase 2new construction | PBRA | 30 | Closed | Feb 2016 | 9% | $299,059 | |
| Southeastnew construction | PBRA | 60 | Closed | Dec 2015 | 4% | Yes | $152,143 |
| Cedar Central - Phase 1new construction | PBRA | 49 | Closed | Nov 2015 | 4% | $258,311 | |
| Downtown / Bohn | PBRA | 266 | Closed | Feb 2015 | 4% | Yes | $63,663 |
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 OH003's remaining units that averages $1,309 a month, against a weighted PBV cap of $1,420 (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. 3 of OH003's 21 projects are already at or above the PBV cap.
| Project | Units | 2026 RAD rent | PBV cap | PBRA cap | 60/40 blend | Rent check |
|---|---|---|---|---|---|---|
| King Kennedy OH003000904 | 785 | $1,245 | $1,419 | $1,548 | $1,335 | Debt |
| Downtown OH003000908 | 719 | $1,402 | $1,382 | $1,508 | $1,441 | Debt |
| Outhwaite OH003000902 | 679 | $1,446 | $1,507 | $1,644 | $1,522 | Debt |
| Cedar Central OH003000901 | 550 | $1,377 | $1,500 | $1,636 | $1,477 | Debt |
| Near West OH003000909 | 449 | $1,161 | $1,263 | $1,378 | $1,247 | Debt |
| Far West OH003000910 | 432 | $1,130 | $1,283 | $1,399 | $1,242 | Debt |
| Hough OH003000905 | 276 | $1,490 | $1,250 | $1,363 | $1,378 | Debt |
| Riverview Replacement OH003000926 | 242 | $1,316 | $1,619 | $1,766 | $1,457 | Debt |
| Eastside OH003000907 | 218 | $1,673 | $1,527 | $1,666 | $1,548 | Debt |
| East Side Neighborhood Homes OH003000921 | 96 | $1,081 | $1,458 | $1,591 | $1,250 | Debt |
| Southeast OH003000906 | 88 | $1,352 | $1,770 | $1,931 | $1,565 | Debt |
| Heritage Homes I (former Garden Valley) OH003000928 | 81 | $1,281 | $1,563 | $1,705 | $1,387 | Debt |
| Lee Road and Belmore Elderly OH003000931 | 79 | $871 | $1,216 | $1,327 | $1,021 | Debt |
| Heritage Homes III (former Garden Valley OH003000930 | 69 | $1,173 | $1,566 | $1,708 | $1,341 | Debt |
| Gordon Square OH003000923 | 58 | $986 | $1,189 | $1,297 | $1,083 | Debt |
| Heritage Homes II (former Garden Valley) OH003000929 | 57 | $967 | $1,368 | $1,492 | $1,158 | Debt |
| Tremont Pointe I OH003000925 | 51 | $1,086 | $1,470 | $1,604 | $1,259 | Debt |
| Tremont Pointe II OH003000927 | 44 | $1,189 | $1,587 | $1,731 | $1,368 | Debt |
| Miles Pointe Elderly OH003000932 | 43 | $888 | $1,220 | $1,331 | $1,025 | Debt |
| Westside Homes OH003000922 | 38 | $1,231 | $1,330 | $1,451 | $1,272 | Debt |
| Small Or Scattered OH003000911 | 28 | $1,446 | $1,811 | $1,975 | $1,629 | 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.
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.