The Pasco County Housing Authority is considering tearing down the troubled Dade Oaks apartment complex and redeveloping the 10-acre site. Officials from the U.S. Department of Housing and Urban Development gave the 34-year-old complex a failing grade after touring the property in May. Inspectors said the property had been so badly mismanaged by the previous director and board it needed at least $1 million in repairs. But Dianne Morris, who replaced ousted director Karen Turner this year, said the property is so flood-prone it may not be worth rehabbing. On Friday she posted a request for qualifications (RFQ) for developers who specialize in affordable housing projects. Responses are due Oct. 22 so the board can choose a developer in time to meet the January deadline to apply for Low Income Housing Tax Credits to finance the project.