PHA code TX003 · Medium PHA · Texas
Housing Authority of the City of El Paso d/b/a Housing Opportunity Management Enterprises d/b/a HOME
Housing Authority of the City of El Paso d/b/a Housing Opportunity Management Enterprises d/b/a HOME has closed 43 RAD conversions covering 5,433 public housing units. It still has 246 public housing units in 4 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 5,433
- In the pipeline 0
- Still public housing 246
Of the closed deals, 0 went to project-based vouchers (PBV) and 43 to project-based rental assistance (PBRA). 32 used low-income housing tax credits and 4 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Old Gonzalez | PBRA | 36 | Closed | Oct 2023 | $116,570 | ||
| Cisneros Apartments | PBRA | 16 | Closed | Mar 2023 | $49,954 | ||
| Sherman North | PBRA | 34 | Closed | Mar 2022 | |||
| Patriot Placenew construction | PBRA | 110 | Closed | May 2021 | 9% | $172,033 | |
| Eastside Crossings | PBRA | 64 | Closed | Mar 2021 | |||
| Haymon Krupp Memorial Apartments | PBRA | 24 | Closed | Jun 2020 | |||
| El Paso Tays | PBRA | 50 | Closed | Oct 2019 | |||
| Dewetter 2Sec. 18 blend | PBRA | 133 | Closed | Oct 2019 | 4% | $137,647 | |
| KING; MACHUCA; HART APTS J (Tays)Sec. 18 blend | PBRA | 209 | Closed | Apr 2019 | 4% | $148,421 | |
| Eisenhower (i)Sec. 18 blend | PBRA | 50 | Closed | Mar 2019 | 4% | $123,403 | |
| J D CRAMER MEMORIAL (J) (Roosevelt) (Medano Hghts)new construction | PBRA | 141 | Closed | Dec 2018 | 9% | $148,571 | |
| Cramer 3 | PBRA | 426 | Closed | Nov 2018 | 4% | Yes | $110,404 |
| KING; MACHUCA; HART L (Sherman South)Sec. 18 blend | PBRA | 149 | Closed | Nov 2018 | 4% | $140,295 | |
| Blue Flame | PBRA | 120 | Closed | Aug 2018 | 4% | $301,849 | |
| Sandoval/valle Verde | PBRA | 274 | Closed | May 2018 | 4% | Yes | $100,200 |
| RUBEN SALAZAR PARK E (Sun Plaza) | PBRA | 330 | Closed | Mar 2018 | 4% | $107,256 | |
| Chelsea (ruben Salazar Park B) | PBRA | 330 | Closed | Dec 2017 | 4% | Yes | $92,895 |
| Salazar / Commissioner's Corner IInew construction | PBRA | 92 | Closed | Dec 2017 | 4% | $128,647 | |
| Salazar / Commissioner's Corner Inew construction | PBRA | 93 | Closed | Dec 2017 | 9% | $136,558 | |
| Gonzaleznew construction | PBRA | 153 | Closed | Oct 2017 | 9% | Yes | $140,908 |
| Rg3 | PBRA | 153 | Closed | Apr 2017 | 4% | $86,096 | |
| Chelsea/pooley/guillen/fr. Pinto (father Pinto) | PBRA | 113 | Closed | Dec 2016 | 4% | $103,735 | |
| Sherman (king, Machuca, Hart Apts. B)new construction | PBRA | 144 | Closed | Nov 2016 | 9% | $163,975 | |
| Westfall | PBRA | 90 | Closed | Nov 2016 | 9% | $130,362 | |
| Alamito Gardens | PBRA | 142 | Closed | Sep 2016 | |||
| Alamito Terrace | PBRA | 76 | Closed | Sep 2016 | |||
| Baines Morehead | PBRA | 120 | Closed | Aug 2016 | 4% | $65,527 | |
| Alamito Casitas Alamito Place | PBRA | 89 | Closed | Dec 2015 | |||
| Montwood Heights | PBRA | 10 | Closed | Dec 2015 | |||
| Paisano Green | PBRA | 73 | Closed | Dec 2015 | |||
| Alvarez | PBRA | 96 | Closed | Apr 2015 | 4% | $73,432 | |
| Anderson | PBRA | 58 | Closed | Apr 2015 | 4% | $51,403 | |
| Baird | PBRA | 55 | Closed | Apr 2015 | 4% | $73,283 | |
| Eisenhower | PBRA | 194 | Closed | Apr 2015 | 4% | $70,479 | |
| Hart | PBRA | 48 | Closed | Apr 2015 | 4% | $153,889 | |
| Kennedy Estates / Kennedy Urd | PBRA | 363 | Closed | Apr 2015 | 4% | $71,777 | |
| Lb Johnson | PBRA | 126 | Closed | Apr 2015 | 4% | $75,296 | |
| Marmolejo | PBRA | 292 | Closed | Apr 2015 | 4% | $71,017 | |
| Ochoa | PBRA | 70 | Closed | Apr 2015 | 4% | $42,011 | |
| Telles | PBRA | 68 | Closed | Apr 2015 | 4% | $83,771 | |
| Truman | PBRA | 90 | Closed | Apr 2015 | 4% | $61,304 | |
| Webber | PBRA | 98 | Closed | Apr 2015 | 4% | $84,542 | |
| Woodrow Bean | PBRA | 31 | Closed | Apr 2015 | 4% | $58,257 |
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 TX003's remaining units that averages $1,302 a month, against a weighted PBV cap of $1,822 (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 |
|---|---|---|---|---|---|---|
| Eisenhower/Scattered Sites/Hart/Baird/ TX003000011 | 102 | $1,191 | $1,830 | $1,996 | $1,542 | Debt |
| Marmolejo/Alvarez/Truman/Anderson/ TX003000012 | 51 | $1,799 | $1,832 | $1,999 | $1,850 | Debt |
| Machuca/Robinson/Williams/Rubin Heights/ TX003000018 | 48 | $1,254 | $1,720 | $1,877 | $1,573 | Debt |
| Kennedy/Kennedy Estates/Scattered Sites/ TX003000015 | 45 | $1,043 | $1,903 | $2,076 | $1,612 | 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.