PHA code OH004 · Large PHA · Ohio
Cincinnati Metropolitan Housing Authority
Cincinnati Metropolitan Housing Authority has closed 11 RAD conversions covering 1,238 public housing units, with 16 more (3,071 units) between CHAP and closing. It still has 4,421 public housing units in 27 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 1,238
- In the pipeline 3,071
- Still public housing 4,421
Of the closed deals, 0 went to project-based vouchers (PBV) and 11 to project-based rental assistance (PBRA). 8 used low-income housing tax credits and 8 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Maple Tower | PBRA | 120 | Closed | Jul 2026 | 4% | Yes | $116,422 |
| Amp 208 - Scattered Sites | PBRA | 10 | CHAP awarded | CHAP 2026 | Both | ||
| City West Laurel Cat 1Sec. 18 blendnew construction | PBV | 45 | CHAP awarded | CHAP 2026 | 4% | ||
| Crotty and Mears - 202 & 203 | PBRA | 27 | CHAP awarded | CHAP 2026 | |||
| West End Commons | PBRA | 66 | CHAP awarded | CHAP 2026 | 9% | ||
| Scattered Sites - Northwest | PBRA | 177 | CHAP awarded | CHAP 2025 | Both | ||
| Scattered Sites - Central | PBRA | 177 | CHAP awarded | CHAP 2025 | Both | ||
| Beechwood C | PBRA | 149 | Closed | Feb 2025 | 4% | Yes | $179,468 |
| Stanley Rowe Hi-Rise Towers | PBRA | 355 | CHAP awarded | CHAP 2024 | 4% | ||
| Winton Terrace | PBV | 608 | CHAP awarded | CHAP 2024 | 4% | ||
| Millvale | PBV | 382 | CHAP awarded | CHAP 2024 | 4% | ||
| President | PBRA | 96 | CHAP awarded | CHAP 2024 | 4% | ||
| The Redding | PBRA | 100 | CHAP awarded | CHAP 2024 | 4% | ||
| Marquette Manor | PBRA | 140 | Closed | Dec 2024 | 4% | $163,551 | |
| City West Laurel | PBRA | 84 | CHAP awarded | CHAP 2024 | 4% | ||
| City West Lincoln | PBV | 206 | CHAP awarded | CHAP 2024 | 4% | ||
| Findlater Gardens | PBV | 522 | CHAP awarded | CHAP 2024 | 4% | ||
| Linn Street ExchangeSec. 18 blend | PBRA | 31 | CHAP awarded | CHAP 2024 | 4% | Yes | |
| Winton Terrace Phase I | PBRA | 185 | CHAP awarded | CHAP 2023 | 4% | ||
| Riverview San Marco | PBRA | 131 | Closed | Jul 2023 | 4% | Yes | $145,609 |
| Rhf-Scattered Sites Mp1 | PBRA | 74 | Closed | Feb 2022 | 4% | Yes | $103,885 |
| Acquisition-Rehab | PBRA | 32 | Closed | Nov 2021 | $77,336 | ||
| Park Eden | PBRA | 176 | Closed | Aug 2020 | 4% | Yes | $92,278 |
| Pinecrest | PBRA | 190 | Closed | Jun 2020 | 4% | Yes | $90,298 |
| Beechwood / Evanston | PBRA | 100 | Closed | Nov 2019 | Yes | $16,856 | |
| Marquette Manor (sutter View)Sec. 18 blend | PBRA | 86 | Closed | Jun 2019 | 4% | Yes | $148,868 |
| Baldwin Grove | PBRA | 40 | Closed | Jun 2016 | $33,657 | ||
| HOPE VI, Phase 4 - LINCOLN COURT | PBV | 334 | CHAP Processing - Withdrawn |
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 OH004's remaining units that averages $1,077 a month, against a weighted PBV cap of $1,572 (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 |
|---|---|---|---|---|---|---|
| Findlater Gardens OH004000210 | 653 | $1,100 | $1,742 | $1,900 | $1,461 | Debt |
| Winton Terrace OH004000209 | 608 | $1,274 | $1,671 | $1,823 | $1,557 | Debt |
| Millvale - North OH004000217 | 382 | $1,161 | $1,712 | $1,868 | $1,491 | Debt |
| Stanley Rowe Hi-Rise Towers OH004000215 | 358 | $981 | $1,328 | $1,448 | $1,231 | Debt |
| Beechwood OH004000211 | 269 | $1,009 | $1,159 | $1,264 | $1,140 | Debt |
| Acquisition-Rehab OH004000208 | 217 | $1,228 | $1,804 | $1,968 | $1,563 | Debt |
| Park Eden OH004000213 | 196 | $1,010 | $1,147 | $1,252 | $1,132 | Debt |
| Stanley Rowe Multifamily OH004000214 | 196 | $1,177 | $1,738 | $1,896 | $1,510 | Debt |
| Acquisition-Rehab OH004000201 | 181 | $1,144 | $1,656 | $1,806 | $1,434 | Debt |
| Acquisition-Rehab OH004000207 | 177 | $958 | $1,671 | $1,823 | $1,368 | Debt |
| Acquisition-Rehab OH004000205 | 143 | $1,061 | $1,750 | $1,909 | $1,445 | Debt |
| Marquette Manor OH004000218 | 140 | $1,049 | $1,156 | $1,261 | $1,156 | Debt |
| Acquisition-Rehab OH004000203 | 137 | $880 | $1,387 | $1,513 | $1,169 | Debt |
| RHF-Scattered Sites (ACQ) OH004000204 | 135 | $925 | $1,727 | $1,884 | $1,377 | Debt |
| Acquisition-Rehab OH004000202 | 119 | $937 | $1,474 | $1,608 | $1,258 | Debt |
| Acquisition-Rehab OH004000206 | 102 | $1,024 | $1,662 | $1,813 | $1,395 | Debt |
| HOPE VI, Phase 4 - LINCOLN COURT OH004000306 | 63 | $917 | $1,644 | $1,794 | $1,310 | Debt |
| Hope VI, Phase 1 - Laurel Homes OH004000304 | 62 | $964 | $1,637 | $1,786 | $1,323 | Debt |
| Hope VI, Phase 2 - Lincoln Court OH004000302 | 56 | $917 | $1,667 | $1,819 | $1,313 | Debt |
| Laurel Homes Phase V OH004000308 | 53 | $984 | $1,543 | $1,683 | $1,265 | Debt |
| Hope VI, Phase 1 - Lincoln Court OH004000301 | 47 | $898 | $1,199 | $1,307 | $1,039 | Debt |
| Hope Vi, Phase 3 - Lincoln Court OH004000303 | 40 | $902 | $1,620 | $1,767 | $1,289 | Debt |
| Hope VI - Laurel IV OH004000307 | 26 | $940 | $1,668 | $1,819 | $1,323 | Debt |
| HOPE VI, Phase 2 - LAUREL HOMES OH004000305 | 19 | $933 | $1,643 | $1,793 | $1,303 | Debt |
| West Union Square OH004000313 | 19 | $689 | $1,156 | $1,261 | $938 | Debt |
| Central YMCA OH004000311 | 15 | $727 | $1,156 | $1,261 | $1,004 | Debt |
| Cary Crossing OH004000312 | 8 | $802 | $1,156 | $1,261 | $999 | 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.