PHA code TX004 · Small PHA · Texas
Housing Authority of the City of Fort Worth, Texas, D/B/A Fort Worth Housing Solutions
Housing Authority of the City of Fort Worth, Texas, D/B/A Fort Worth Housing Solutions has closed 25 RAD conversions covering 686 public housing units, with 1 more (179 units) between CHAP and closing. It still has 195 public housing units in 2 projects that HUD's May 2026 rents tool prices for RAD.
- Converted 686
- In the pipeline 179
- Still public housing 195
Of the closed deals, 0 went to project-based vouchers (PBV) and 25 to project-based rental assistance (PBRA). 5 used low-income housing tax credits and 2 carried FHA-insured debt.
Conversions
| Development | Type | RAD units | Status | Closed | Tax credits | FHA | Hard cost / unit |
|---|---|---|---|---|---|---|---|
| Butler Place Apts Cat1 | PBV | 179 | CHAP awarded | CHAP 2025 | |||
| Cambridge Courts | PBRA | 33 | Closed | Nov 2020 | $2,908 | ||
| BUTLER PLACE APTS E (Aventine) | PBRA | 36 | Closed | Apr 2020 | $941 | ||
| BUTLER PLACE APARTMENTS U (The Henderson) | PBRA | 19 | Closed | Mar 2020 | |||
| Overton Park | PBRA | 54 | Closed | Nov 2019 | Yes | $570 | |
| BUTLER PLACE APTS B (Villas by the Park) | PBRA | 27 | Closed | Sep 2019 | |||
| Wind River | PBRA | 34 | Closed | Jul 2019 | |||
| Stallion Ridgenew construction | PBRA | 20 | Closed | Jun 2019 | 4% | $158,157 | |
| BUTLER PLACE APARTMENTS N (Villas of Eastwood Terrace) | PBRA | 13 | Closed | May 2019 | |||
| Patriot Pointenew construction | PBRA | 22 | Closed | Apr 2019 | 4% | $142,807 | |
| BUTLER PLACE APTS A (Palladium)new construction | PBRA | 15 | Closed | Apr 2019 | 4% | $122,207 | |
| HUNTER PLAZA APTS E (Sedona Senior) | PBRA | 11 | Closed | Mar 2019 | |||
| Villas of Oak Hill (stonegate) | PBRA | 58 | Closed | Jan 2019 | |||
| HUNTER PLAZA APTS F (Western Center) | PBRA | 23 | Closed | Nov 2018 | |||
| BUTLER PLACE APARTMENTS J (Campus Apts)new construction | PBRA | 15 | Closed | Oct 2018 | 4% | ||
| BUTLER PLACE APARTMENTS H (Alton Park)new construction | PBRA | 15 | Closed | Sep 2018 | |||
| HUNTER PLAZA APTS C (McAlister) | PBRA | 22 | Closed | Sep 2018 | |||
| BUTLER PLACE APARTMENTS I (Harmon Senior Villas)new construction | PBRA | 12 | Closed | Jul 2018 | |||
| BUTLER PLACE APARTMENTS L (Standard at Boswell) | PBRA | 12 | Closed | Jul 2018 | |||
| BUTLER PLACE APTS G (Penn Place) | PBRA | 12 | Closed | Mar 2018 | |||
| Candletree Apartments | PBRA | 44 | Closed | Mar 2018 | Yes | $1,372 | |
| BUTLER PLACE APTS D (Stallion Pointe) | PBRA | 15 | Closed | Dec 2017 | |||
| HUNTER PLAZA APTS D (Avondale Apartments) | PBRA | 25 | Closed | Jul 2017 | |||
| Hunter Plaza Apartments B | PBRA | 25 | Closed | Sep 2014 | 4% | $113,635 | |
| Fair Oaks Apartments | PBRA | 76 | Closed | Apr 2014 | $17,992 | ||
| Fair Park Apartments | PBRA | 48 | Closed | Apr 2014 | $18,534 |
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 TX004's remaining units that averages $1,061 a month, against a weighted PBV cap of $2,149 (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 |
|---|---|---|---|---|---|---|
| Butler Place Apartments TX004000002 | 179 | $1,070 | $2,165 | $2,362 | $1,769 | Debt |
| Butler Place Apartments TX004000016 | 16 | $964 | $1,971 | $2,150 | $1,527 | 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.