Demby Terraces and Parkside Estates

RAD/Section 18 Blend Resident Update

Activities Completed (2025)

  • HUD approved the Demby Terraces and Parkside Estates redevelopment and financing plan on 09/30/25 and issued a RAD Conversion Commitment.

  • IHC met with HUD in December and January and set an anticipated date to convert the public housing subsidy to project-based vouchers in late February 2026.

Future Activities (2025)

February 2026

  • Resident meetings on February 26 to provide update before closing.

  • One-on-one meetings with residents to sign leases and complete voucher paperwork.

March 2026

  • IHC anticipates that HUD will approve the conversion from public housing to project-based vouchers early March 2026. The owner and property manager will change as of the date of closing (please see enclosed letters).

  • One-on-one meetings with residents to sign leases and complete voucher paperwork.

  • Relocation and rehabilitation will begin and continue in phases throughout both Demby Terraces and Parkside Estates on a parallel path from March 2026-May 2027.

2026-2027 (throughout rehabilitation)

  • IHC will continue to send out updates, meet with Demby Terraces and Parkside

  • Estates residents one-on-one, and host resident group meetings as the rehabilitation progresses over a 14-month period.

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February Newsletter