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PHA code TN007 · Medium PHA · Tennessee

Jackson Housing Authority

Jackson Housing Authority has closed 5 RAD conversions covering 226 public housing units, with 3 more (447 units) between CHAP and closing. It still has 655 public housing units in 7 projects that HUD's May 2026 rents tool prices for RAD.

Of the closed deals, 5 went to project-based vouchers (PBV) and 0 to project-based rental assistance (PBRA). 5 used low-income housing tax credits and 0 carried FHA-insured debt.

Conversions

RAD Component 1 conversions for TN007, newest first
Development Type RAD units Status Closed Tax credits FHA Hard cost / unit
The Cottages at BluecreekSec. 18 blendnew constructionPBV58ClosedApr 20254%$214,978
Bluecreek ApartmentsSec. 18 blendnew constructionPBV42ClosedApr 20259%$238,670
Rosewood Gardens & AllenPBV100CHAP awardedCHAP 2023
Washington-Douglas-LincoPBV124CHAP awardedCHAP 2023
Lincoln CourtsPBV223CHAP awardedCHAP 2023Both
The Villages at Old HickorySec. 18 blendPBV95ClosedMay 20224%$60,284
Kingfield Northnew constructionPBV16ClosedMay 20174%$172,658
Kingfield Southnew constructionPBV15ClosedMay 20174%$116,750

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 TN007's remaining units that averages $959 a month, against a weighted PBV cap of $1,352 (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.

Unconverted public housing projects, May 2026 RAD rents tool
Project Units 2026 RAD rent PBV cap PBRA cap 60/40 blend
Lincoln Courts TN007000040 215 $1,036 $1,517 $1,654 $1,365 Debt
Washington-Douglas-Linco TN007000060 124 $1,077 $1,483 $1,618 $1,361 Debt
Allenton Heights TN007000010 100 $993 $1,363 $1,487 $1,251 Debt
Rosewood Gardens & Allen TN007000050 100 $809 $1,026 $1,119 $974 Debt
Mcmillan Towers TN007000150 53 $819 $1,055 $1,151 $991 Debt
East Pointe TN007000140 49 $787 $1,341 $1,463 $1,088 Debt
Centennial Pass TN007000160 14 $674 $1,056 $1,152 $872 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.

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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.