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PHA code WA001 · Large PHA · Washington

Seattle Housing Authority

Seattle Housing Authority has no closed RAD conversions in HUD's data. It still has 5,244 public housing units in 31 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 WA001's remaining units that averages $1,568 a month, against a weighted PBV cap of $2,612 (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
High Rise Phase 1 Limited Partnership WA001000086 704 $1,484 $2,345 $2,558 $2,012 Debt
High Rise Phase 2 Limited Partnership WA001000087 686 $1,482 $2,369 $2,584 $2,028 Debt
High Rise Phase 3 Limited Partnership WA001000088 587 $1,463 $2,350 $2,564 $2,007 Debt
Scattered Sites WA001000050 483 $1,780 $2,915 $3,180 $2,425 Debt
SSHP City Funded WA001000095 279 $1,542 $2,403 $2,621 $2,078 Debt
SSHP Central WA001000094 246 $1,563 $2,398 $2,616 $2,083 Debt
SSHP North WA001000092 231 $1,550 $2,401 $2,619 $2,079 Debt
Denny Terrace WA001000017 221 $1,483 $2,321 $2,532 $2,001 Debt
High Point Phase I WA001000083 200 $1,696 $3,239 $3,534 $2,581 Debt
New Holly Phase I WA001000073 177 $1,754 $3,459 $3,774 $2,714 Debt
New Holly Phase III WA001000079 163 $1,498 $3,059 $3,337 $2,380 Debt
SSHP South WA001000093 138 $1,563 $2,402 $2,621 $2,083 Debt
Westwood Heights WA001000023 130 $1,432 $2,342 $2,555 $1,988 Debt
Rainier Vista Phase I WA001000080 125 $1,734 $3,299 $3,599 $2,630 Debt
Bell Tower WA001000015 120 $1,406 $2,311 $2,521 $1,957 Debt
Olive Ridge WA001000013 105 $1,542 $2,387 $2,604 $2,066 Debt
Holly Court WA001000041 97 $1,607 $2,361 $2,575 $2,103 Debt
Tri-Court WA001000031 87 $1,511 $2,328 $2,539 $2,007 Debt
Rainier Vista Phase III WA001000090 75 $1,760 $3,474 $3,790 $2,745 Debt
West Seattle Affordable Housing LLLP WA001000096 63 $1,521 $2,627 $2,866 $2,168 Debt
New Holly Phase II WA001000076 60 $1,708 $3,592 $3,918 $2,780 Debt
Rainier Vista Phase II Tamarack Place WA001000089 51 $1,384 $2,703 $2,948 $2,137 Debt
Lake City Village Limited Partnership WA001000091 51 $1,506 $2,928 $3,194 $2,322 Debt
High Point Phase II WA001000085 50 $1,991 $3,751 $4,092 $3,000 Debt
Jackson Park Village WA001000037 41 $2,036 $3,707 $4,044 $2,983 Debt
Cedarvale Village WA001000038 24 $2,033 $3,915 $4,271 $3,116 Debt
Roxbury Replacement Units WA001000075 15 $2,066 $3,824 $4,171 $2,896 Debt
Stone View Village WA001000072 12 $2,168 $3,351 $3,656 $2,836 Debt
Denice Hunt Townhomes WA001000071 10 $1,510 $3,852 $4,202 $2,806 Debt
Stoneview Phase II WA001000074 7 $2,081 $3,236 $3,530 $2,723 Debt
Meadowbrook View WA001000078 6 $2,686 $3,281 $3,579 $2,966 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.

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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.