RAD calculators and tools
Seven free tools for housing authority staff, developer partners, consultants and owners working on a RAD conversion: rents, debt, blends, tax credits, refinancing and the PBV or PBRA choice. Each shows a worked example, its method and its primary sources.
- RAD rent check
What is this project's 2026 RAD contract rent, its PBV and PBRA caps and HUD's blend rents, and what debt could each carry?
- RAD debt sizer
How large a first mortgage does the property support under FHA 223(f), 221(d)(4), Freddie Mac, Fannie Mae and a bank loan, and which test binds?
- RAD/Section 18 blend calculator
How much does moving a share of units to Section 18 vouchers raise the average rent and the debt, within HUD's share caps?
- RAD sources and uses
With 4% credits and tax-exempt bonds, does the deal close, how much fee must be deferred, and do the bonds pass the 25% or 50% test?
- Post-conversion refinance
For a property that already converted: what new loan, net proceeds, coverage and payment change does a refinance give?
- PBV or PBRA chooser
Which RAD contract type fits your conversion, for what reasons, and what did housing authorities like yours choose?
- RAD conversion tracker
Which public housing projects have converted under RAD, where, when, with PBV or PBRA, tax credits or FHA debt?
Every tool is a sizing sketch, not a loan offer. Rates are illustrative inputs; this site advertises no rates or terms.
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Conversion debt, a RAD/Section 18 blend, a 4% credit and bond execution, or a refinance of a property that converted years ago. Tell us where the deal stands; a senior advisor replies within one business day.
- FHA 223(f), 221(d)(4) and 223(a)(7)
- Fannie Mae and Freddie Mac affordable
- Bank, bond and tax credit executions