PHA code OH007 · Large PHA · Ohio
Akron Metropolitan Housing Authority
Akron Metropolitan Housing Authority has no closed RAD conversions in HUD's data, with 4 more (218 units) between CHAP and closing. It still has 4,321 public housing units in 31 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 0
- In the pipeline 218
- Still public housing 4,321
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Cascade Village East/west | PBRA | 16 | CHAP awarded | CHAP 2026 | 4% | ||
| Cascade Village North | PBRA | 48 | CHAP awarded | CHAP 2026 | 4% | ||
| Cascade Village South | PBRA | 42 | CHAP awarded | CHAP 2026 | |||
| Willow Run | PBRA | 112 | CHAP awarded | CHAP 2026 |
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 OH007's remaining units that averages $1,076 a month, against a weighted PBV cap of $1,353 (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 |
|---|---|---|---|---|---|---|
| Scattered Sites OH007000008 | 631 | $1,207 | $1,657 | $1,807 | $1,433 | Debt |
| Saferstein Towers OH007000010 | 340 | $966 | $1,091 | $1,191 | $1,086 | Debt |
| Summit Lake OH007000028 | 297 | $1,071 | $1,399 | $1,526 | $1,253 | Debt |
| Fred W Nimmer Place OH007000017 | 239 | $992 | $1,102 | $1,202 | $1,102 | Debt |
| Belcher Apartments OH007000005 | 229 | $1,049 | $1,105 | $1,206 | $1,127 | Debt |
| Van Buren Homes OH007000015 | 200 | $1,198 | $1,610 | $1,756 | $1,417 | Debt |
| Ray C Sutliff Apts OH007000022 | 185 | $965 | $1,124 | $1,226 | $1,106 | Debt |
| James E. Alpeter OH007000027 | 185 | $973 | $1,121 | $1,222 | $1,107 | Debt |
| William Fowler Sr Apts OH007000021 | 180 | $1,003 | $1,127 | $1,229 | $1,123 | Debt |
| Joy Park OH007000014 | 163 | $1,199 | $1,553 | $1,694 | $1,395 | Debt |
| Colonial Hills OH007000030 | 150 | $1,064 | $1,393 | $1,520 | $1,238 | Debt |
| Buchtel/cotter OH007000009 | 146 | $1,007 | $1,156 | $1,261 | $1,141 | Debt |
| Honey Locust Garden OH007000029 | 137 | $1,134 | $1,544 | $1,684 | $1,362 | Debt |
| Pinewood Gardens OH007000034 | 125 | $1,310 | $1,532 | $1,672 | $1,426 | Debt |
| Willow Run OH007000039 | 112 | $1,232 | $1,504 | $1,641 | $1,372 | Debt |
| Maplewood Gardens OH007000041 | 105 | $944 | $1,332 | $1,453 | $1,169 | Debt |
| Mohawk OH007000003 | 101 | $1,125 | $1,481 | $1,616 | $1,314 | Debt |
| Valley View OH007000025 | 100 | $1,194 | $1,542 | $1,682 | $1,383 | Debt |
| Stephanie Keys Building OH007000044 | 100 | $968 | $1,093 | $1,192 | $1,089 | Debt |
| Lauer Apts OH007000012 | 94 | $992 | $1,067 | $1,164 | $1,080 | Debt |
| Crimson Terrace OH007000040 | 88 | $1,092 | $1,506 | $1,643 | $1,316 | Debt |
| Allen Dickson Sr Apts OH007000006 | 84 | $958 | $1,052 | $1,147 | $1,056 | Debt |
| Bon Sue OH007000024 | 84 | $1,162 | $1,504 | $1,641 | $1,342 | Debt |
| Edgewood Village I OH007000047 | 49 | $998 | $1,579 | $1,723 | $1,270 | Debt |
| Cascade Village North OH007000045 | 48 | $925 | $1,445 | $1,577 | $1,188 | Debt |
| Cascade Village South OH007000046 | 42 | $933 | $1,423 | $1,553 | $1,183 | Debt |
| Edgewood Village 5 OH007000050 | 36 | $880 | $1,317 | $1,437 | $1,160 | Debt |
| Edgewood Village 4 OH007000049 | 23 | $988 | $1,574 | $1,717 | $1,255 | Debt |
| Edgewood Village South OH007000051 | 20 | $992 | $1,548 | $1,689 | $1,266 | Debt |
| Cascade Village East/West OH007000048 | 16 | $870 | $1,278 | $1,394 | $1,082 | Debt |
| Spicer Terrace OH007000052 | 12 | $833 | $1,084 | $1,182 | $1,004 | 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.