PHA code TN005 · Large PHA · Tennessee
Metropolitan Development & Housing Agency
Metropolitan Development & Housing Agency has closed 23 RAD conversions covering 5,544 public housing units. HUD’s rents tool lists no unconverted public housing for it.
- Converted 5,544
- In the pipeline 0
- Still public housing 0
Of the closed deals, 0 went to project-based vouchers (PBV) and 23 to project-based rental assistance (PBRA). 1 used low-income housing tax credits and 0 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Red Oak Townhomes | PBRA | 25 | Closed | Feb 2026 | |||
| Randee Rogers Apartments | PBRA | 50 | Closed | May 2024 | |||
| Neighborhood Housing | PBRA | 368 | Closed | Mar 2019 | $355 | ||
| Preston Taylor | PBRA | 274 | Closed | Sep 2018 | $3,972 | ||
| Preston Taylor Neighborhood Housing | PBRA | 40 | Closed | May 2018 | $3,518 | ||
| Vine Hill Apartments | PBRA | 136 | Closed | May 2018 | $16,993 | ||
| Cheatham Place | PBRA | 314 | Closed | May 2018 | $2,215 | ||
| Boscobel Heights | PBRA | 786 | Closed | May 2018 | |||
| Vine Hill Towers | PBRA | 147 | Closed | Apr 2018 | $1,903 | ||
| Hadley Park | PBRA | 154 | Closed | Oct 2017 | $1,335 | ||
| Carleen Batson Waller | PBRA | 53 | Closed | Oct 2017 | $1,472 | ||
| Parthenon Towers | PBRA | 295 | Closed | Oct 2017 | $1,374 | ||
| Napier Place | PBRA | 378 | Closed | Aug 2017 | $1,462 | ||
| Sudekum Apts | PBRA | 443 | Closed | Aug 2017 | $1,266 | ||
| Edgehill Apartments | PBRA | 380 | Closed | Aug 2017 | $2,095 | ||
| Gernert Apartments | PBRA | 176 | Closed | Aug 2017 | $544 | ||
| Parkway Terrace | PBRA | 125 | Closed | Apr 2017 | $4,309 | ||
| Edgefield Manor | PBRA | 220 | Closed | Mar 2017 | $863 | ||
| Andrew Jackson Courts | PBRA | 374 | Closed | Mar 2017 | $1,658 | ||
| Madison Towers | PBRA | 211 | Closed | Feb 2017 | $464 | ||
| Cumberland View | PBRA | 226 | Closed | Dec 2016 | $3,015 | ||
| J. Henry Hale | PBRA | 188 | Closed | Sep 2016 | $4,429 | ||
| Levy Place | PBRA | 181 | Closed | Jul 2016 | 9% | $49,967 |
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.