HUD RAD conversions, housing authority records, 2026 RAD rents, program facts and debt sizing.
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The page where a housing authority, developer or owner can request a financing quote for a RAD conversion, Section 18 blend, PRAC or Component 2 conversion, or a refinance of a converted property, from Janover Capital LLC. Optional prefill. Returns a link only; it submits nothing.
Housing authority and project, to prefill
What the deal is, to prefill
Pick your client. Values in capitals, like YOUR_TOKEN, are yours to fill in.
claude mcp add --transport http rad-loans https://rad.loans/mcp
The page where a housing authority, developer or owner can request a financing quote for a RAD conversion, Section 18 blend, PRAC or Component 2 conversion, or a refinance of a converted property, from Janover Capital LLC. Optional prefill. Returns a link only; it submits nothing.
| Argument | Type | Description |
|---|---|---|
| pha | string | Housing authority and project, to prefill |
| topic | string | What the deal is, to prefill |
| units | integer |
{
"type": "object",
"properties": {
"pha": {
"type": "string",
"description": "Housing authority and project, to prefill"
},
"topic": {
"type": "string",
"description": "What the deal is, to prefill"
},
"units": {
"type": "integer",
"minimum": 1
}
},
"additionalProperties": false
}A public housing authority's RAD record: closed conversions (units, PBV/PBRA, tax credits, FHA), deals between CHAP and closing, remaining public housing units and their weighted 2026 RAD rent, and its conversions list. Give the HUD PHA code (IL002), the rad.loans page URL, or name + state.
| Argument | Type | Description |
|---|---|---|
| url | string | A rad.loans /pha/ page URL |
| code | string | HUD PHA code, e.g. IL002 |
| name | string | Housing authority name or part of it |
| state | string | Two-letter state or territory code (TX, PR) or name |
{
"type": "object",
"properties": {
"url": {
"type": "string",
"description": "A rad.loans /pha/ page URL"
},
"code": {
"type": "string",
"description": "HUD PHA code, e.g. IL002"
},
"name": {
"type": "string",
"description": "Housing authority name or part of it"
},
"state": {
"type": "string",
"description": "Two-letter state or territory code (TX, PR) or name"
}
},
"additionalProperties": false
}The current state of RAD law and terms, each with its primary source: permanence and the 555,000-unit cap (Public Law 119-101 section 212, July 2026), the governing notices, PBV and PBRA contract terms, FHA premium and underwriting, the 2026 LIHTC bond test, agency terms.
No arguments.
{
"type": "object",
"properties": {},
"additionalProperties": false
}HUD's 2026 RAD contract rent for unconverted public housing projects, with the PBV (110% FMR) and PBRA (120% FMR) caps, HUD's 90/10, 60/40 and 30/70 blend rent estimates, the utility allowance and 2024 operating fund and tenant rent per unit month. Give a PIC project number, or project/pha name with state.
| Argument | Type | Description |
|---|---|---|
| pha | string | Housing authority name |
| pic | string | HUD PIC development number, e.g. AK001000213 |
| limit | integer | |
| state | string | Two-letter state or territory code (TX, PR) or name |
| project | string |
{
"type": "object",
"properties": {
"pha": {
"type": "string",
"description": "Housing authority name"
},
"pic": {
"type": "string",
"description": "HUD PIC development number, e.g. AK001000213"
},
"limit": {
"type": "integer",
"default": 10,
"maximum": 25,
"minimum": 1
},
"state": {
"type": "string",
"description": "Two-letter state or territory code (TX, PR) or name"
},
"project": {
"type": "string"
}
},
"additionalProperties": false
}RAD public housing conversions from HUD's RAD Resource Desk export, newest first: project, housing authority, state, PBV or PBRA, units, status, CHAP and closing dates, tax credits (4%/9%), FHA insurance and Section 18 blend flags, with each housing authority's rad.loans page.
| Argument | Type | Description |
|---|---|---|
| limit | integer | |
| query | string | Words from the housing authority or project name |
| state | string | Two-letter state or territory code (TX, PR) or name |
| status | string | closed, or pipeline (CHAP awarded, Financing Plan submitted, RCC issued) |
| contract | string | |
| fha_insured | boolean | Only deals with FHA-insured debt |
| tax_credits | string | |
| closed_after | string | YYYY, YYYY-MM or YYYY-MM-DD |
| section18_blend | boolean | Only RAD/Section 18 blends |
First-mortgage sizing for a RAD property under FHA 223(f), FHA 221(d)(4), Freddie Mac (HUD Section 8), Fannie Mae Affordable Housing Preservation: the loan each execution supports by coverage and by loan ratio, which test binds, and annual debt service including FHA's 0.25% premium. Defaults come from HUD Mortgagee Letter 2025-03, the MAP Guide, 90 FR 45789 and the Fannie Mae and Freddie Mac term sheets, with HUD's median FHA note rates. Same math as rad.loans/tools/rad-debt-sizer/. A sketch, not a loan offer.
| Argument | Type | Description |
|---|---|---|
| rate | number | Override the interest rate, percent |
| units* | integer | |
| value | number | As-is or as-complete value, for the loan-to-value test |
| execution | string | One execution; omit for all |
| total_cost | number | Total development cost, for 221(d)(4) loan to cost |
| vacancy_pct | number | Default 3 (ML 2025-03 for 90%+ assisted) |
| monthly_rent* | number | Contract rent per unit per month, dollars |
| other_income |
We read every tool's name, description and inputs the way the model will, looking for instructions hidden from you. A clean result means no warning signs, not a guarantee. Scanned Nov 1, 2026.
{
"type": "object",
"properties": {
"limit": {
"type": "integer",
"default": 10,
"maximum": 50,
"minimum": 1
},
"query": {
"type": "string",
"description": "Words from the housing authority or project name"
},
"state": {
"type": "string",
"description": "Two-letter state or territory code (TX, PR) or name"
},
"status": {
"enum": [
"closed",
"pipeline"
],
"type": "string",
"description": "closed, or pipeline (CHAP awarded, Financing Plan submitted, RCC issued)"
},
"contract": {
"enum": [
"PBV",
"PBRA"
],
"type": "string"
},
"fha_insured": {
"type": "boolean",
"description": "Only deals with FHA-insured debt"
},
"tax_credits": {
"enum": [
"4%",
"9%",
"None"
],
"type": "string"
},
"closed_after": {
"type": "string",
"description": "YYYY, YYYY-MM or YYYY-MM-DD"
},
"section18_blend": {
"type": "boolean",
"description": "Only RAD/Section 18 blends"
}
},
"additionalProperties": false
}| number |
| Other income per unit per month (default 0) |
| opex_per_unit | number | Operating costs per unit per year (default 7200) |
| reserves_per_unit | number | Replacement reserve per unit per year (default 350) |
{
"type": "object",
"required": [
"units",
"monthly_rent"
],
"properties": {
"rate": {
"type": "number",
"maximum": 20,
"minimum": 0.1,
"description": "Override the interest rate, percent"
},
"units": {
"type": "integer",
"maximum": 20000,
"minimum": 1
},
"value": {
"type": "number",
"minimum": 0,
"description": "As-is or as-complete value, for the loan-to-value test"
},
"execution": {
"enum": [
"fha_223f",
"fha_221d4",
"freddie_section8",
"fannie_preservation"
],
"type": "string",
"description": "One execution; omit for all"
},
"total_cost": {
"type": "number",
"minimum": 0,
"description": "Total development cost, for 221(d)(4) loan to cost"
},
"vacancy_pct": {
"type": "number",
"maximum": 50,
"minimum": 0,
"description": "Default 3 (ML 2025-03 for 90%+ assisted)"
},
"monthly_rent": {
"type": "number",
"minimum": 0,
"description": "Contract rent per unit per month, dollars"
},
"other_income": {
"type": "number",
"minimum": 0,
"description": "Other income per unit per month (default 0)"
},
"opex_per_unit": {
"type": "number",
"minimum": 0,
"description": "Operating costs per unit per year (default 7200)"
},
"reserves_per_unit": {
"type": "number",
"minimum": 0,
"description": "Replacement reserve per unit per year (default 350)"
}
},
"additionalProperties": false
}