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Melrose Commons Supportive Housing

FHA HFA Risk Sharing (542c)

Endorsed September 17, 2019

FHA #01298035

Deal Details

Location
Bronx, New York
Mortgage Amount
$4.1M
Units
58
Program
HFA Risk Sharing (542c)
Lender
NEW YORK CITY HSG DEV CORP
Fiscal Year
FY2019
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$3.7M($4.1M original)
Interest Rate
5.47%
Maturity
September 2049(23 years remaining)
Original Term
30 years
Holder
NEW YORK CITY HOUS DEV CORP
Servicer
NEW YORK CITY HOUS DEV CORP

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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