PHA code PA003 · Large PHA · Pennsylvania

Scranton Housing Authority

Scranton Housing Authority has no closed RAD conversions in HUD's data. It still has 1,244 public housing units in 6 projects that HUD's May 2026 rents tool prices for RAD.

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 PA003's remaining units that averages $1,318 a month, against a weighted PBV cap of $1,366 (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. 2 of PA003's 6 projects are already at or above the PBV cap.

Unconverted public housing projects, May 2026 RAD rents tool
Project Units 2026 RAD rent PBV cap PBRA cap 60/40 blend Rent check
Hilltop Manor PA003000002 250 $1,342 $1,448 $1,579 $1,449 Debt
Adams High Rise Apartments PA003000005 248 $1,077 $1,057 $1,153 $1,102 Debt
Bangor Heights PA003000003 195 $1,434 $1,538 $1,678 $1,522 Debt
Valley View Terrace PA003000001 189 $1,573 $1,571 $1,713 $1,615 Debt
Jackson Heights Apartments PA003000006 186 $1,298 $1,381 $1,506 $1,391 Debt
Washington West Apartments PA003000004 176 $1,241 $1,261 $1,375 $1,294 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.

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

Get word of PA003's next RAD closing

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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.