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Puerto Rico

Puerto Rico: Section 8 properties with a decision coming

HUD's file lists 193 active project-based assistance contracts in Puerto Rico, covering 19,960 assisted units. 19 of them reach their final expiration date by Oct 2028, when the owner has to choose whether and how to renew. 2 Section 8 HAP contracts pay rents under 90% of the area's Fair Market Rent, a first sign of a property that could qualify for a rent increase at renewal.

193active contracts on 196 properties
19reaching final expiration by Oct 2028 (1,106 assisted units)
2HAP contracts with rents under 90% of FMR
0FHA-insured apartment loans maturing within five years

Contracts reaching final expiration by Oct 2028

These contracts end their overall term within two years of HUD's October 6, 2026 file. The owner chooses among the renewal options the property qualifies for, and an owner who wants out has to give tenants at least a year's notice. "Rent vs FMR" is HUD's ratio of contract rent to the area's Fair Market Rent.

PropertyUnitsAssistedContract typeFinal expirationRent vs FMRHUD loan
Villa Asociado Jenaro Cortes Housing FteSan Juan, SAN JUAN MUNICIPIO County9898202/8 NCNov 2026140%
Alturas De RyderHumacao, HUMACAO MUNICIPIO County2020PRAC/811Nov 2026185%202/811
La Casa De JunnyMayaguez, Mayaguez County66PRAC/811Nov 2026180%202/811
Remanso De EsperanzaCaguas, CAGUAS MUNICIPIO County2626PRAC/811Dec 2026138%202/811
Ryder Assisted CareHumacao, HUMACAO MUNICIPIO County4141PRAC/811Feb 2027154%202/811
Casa CastanerCastaner, LARES MUNICIPIO County6363202/8 NCMar 2027250%FHA 05611019
Fajardo Housing For The ElderlyFajardo, FAJARDO MUNICIPIO County12060202/8 NCMar 2027260%
Santiago Fajardo ApartmentsFajardo, FAJARDO MUNICIPIO County6060202/8 NCJun 2027268%Insured
Villa Esperanza ApartmentsCarolina, CAROLINA MUNICIPIO County10099202/8 NCJun 2027160%Insured
Villa Providencia ApartmentsGuaynabo, GUAYNABO MUNICIPIO County7575202/8 NCJun 2027167%Insured
Ryder Assisted Care IIHumacao, HUMACAO MUNICIPIO County2424PRAC/811Jun 2027179%202/811
La Casa De Dona HereMayaguez, Mayaguez County66PRAC/811Aug 2027186%202/811
La Morada ApartmentsSan Juan, SAN JUAN MUNICIPIO County178178HFDA/8 NCDec 2027163%
Vistas Del Mar Apts.Fajardo, FAJARDO MUNICIPIO County152152LMSAMar 2028126%Insured
Santa Juanita ApartmentsBayamon, BAYAMON MUNICIPIO County4545LMSAMar 2028121%Insured
Daniel L. Flores HousingCarolina, CAROLINA MUNICIPIO County4040PRAC/202Apr 2028173%202/811
Petra Soto Pascual Housing For The ElderlyPonce, PONCE MUNICIPIO County6767PRAC/202Aug 2028202%202/811
Parque PlatinoLares, LARES MUNICIPIO County1414PRAC/202Sep 2028209%202/811
Valle DoradoUtuado, Utuado County3232PRAC/202Sep 2028179%202/811
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026.

Section 8 contracts paying well under Fair Market Rent

HAP contracts with at least 20 assisted units whose rent-to-FMR ratio in HUD's file is under 90%, lowest first. Below-market contract rents are what HUD's Mark-Up-to-Market renewal option addresses, if the property qualifies; a rent comparability study, not this ratio, decides the new rents. "Run math" loads the size and ratio into the offer calculator.

PropertyUnitsAssistedRent vs FMRFinal expirationCurrent term ends
Las Americas Park II ApartmentsSan Juan, SAN JUAN MUNICIPIO County2663785%Dec 2031Dec 2031Run math
Villas De FloridaFlorida, FLORIDA MUNICIPIO County898987%Jun 2040Jun 2027Run math
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026. HUD describes the ratio as a guide only.

Filter every Puerto Rico contract

Turn on JavaScript to filter every contract in this state; the tables above show the top of each list.

Watch a contract

HUD republishes this file about once a month. Pick a contract and we'll email you when a new file shows it renewed (a later expiration date), ended or changed status, or moved inside 24 or 12 months of its final expiration.

We match on HUD's contract number, so a renewal under a new contract number shows up as this one expiring. Every contract is in the download files if you'd rather track them yourself.

The list holds the Puerto Rico contracts in the tables above. Use "Watch" in the filter to add any other contract.

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Before you call an owner

Write to the owner of record from the county's deed records; HUD's file shows the contract, not the deed. Never contact residents or on-site staff about a sale, and never suggest to residents that their housing is about to change.

Buying the property means HUD has to approve you to take over the contract. Read what HUD reviews when a Section 8 property sells before you write a letter of intent.

Price it, then finance it

Use the offer calculator to value the property at today's contract rents and at market rents, then send the deal to the desk for acquisition financing.

Not affiliated with HUD. Inclusion here doesn't mean a property is for sale. How this data is built.