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RICHLAND HILLS APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed December 13, 2021

FHA #08635467

Deal Details

Location
NASHVILLE, Tennessee
Mortgage Amount
$36.1M
Units
201
Program
New Construction & Substantial Rehab
Lender
PNC Bank, N.A.
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$34.5M($36.1M original)
Interest Rate
2.50%
Maturity
March 2063(37 years remaining)
Original Term
40 years
Holder
PNC Bank, N.A.
Servicer
PNC Bank, N.A.

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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