Property type

Public Housing Authorities

For housing authorities: keeping public housing, vouchers, and conversions in compliance, and standing ready the moment you begin to reposition a property. Some PHA engagements may be handled in partnership with Lisa Viles of Virginia Viles Services, LLC (VVS), a subject matter expert whose firm brings 40 years of experience consulting with public housing authorities nationwide.

Properties and programs we handle

  • Public Housing units
  • Vouchers (HCV, PBV, and TPV)
  • RAD conversions that stay on the PHA side: Project-Based Voucher (PBV) units with no FHA mortgage, often financed with mixed finance including LIHTC, HOME funds, and CDBG. For conversions to a PBRA contract with FHA financing, see RAD on the Multifamily side.
  • Mixed-finance RAD PBV developments combining public housing, LIHTC, and market-rate units, with no FHA mortgage. For versions with FHA financing, see RAD on the Multifamily side.

A RAD conversion can sit on both sides at once, so the line is drawn by what governs each piece, not by the property as a whole. Once a conversion carries FHA insurance, Multifamily governs its physical inspections under NSPIRE, its regulatory agreement, and its oversight, while the subsidy on its Project-Based Voucher (PBV) units stays with PIH and the housing authority, which administers the HCV and PBV payments. A Project-Based Rental Assistance (PBRA) contract moves those units to Multifamily regardless of financing, even where there is no FHA mortgage. Only the PBV-funded units remain under PIH and the PHA, and in most RAD deals the housing authority sits in the general partner. RAD conversions from public housing can layer in LIHTC on either side.

Why LaLonde for a housing authority

Our founder's HUD Troubled Asset work spanned PHA properties, not only Multifamily, so we know how public housing and conversions are actually monitored. Some PHA engagements may be handled in partnership with Lisa Viles of VVS, a subject matter expert whose firm brings 40 years of experience consulting with public housing authorities nationwide, pairing the HUD asset-management perspective with deep PHA operational depth.

Ready to talk it through?

Tell us what you are dealing with and we will show you the fastest path.

Email Kari LaLonde
Or call 812-987-7245, or connect on LinkedIn