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Alcott Village

FHA Acquisition & Refinance

Endorsed October 16, 2024

FHA #11411617

Deal Details

Location
HOUSTON, Texas
Mortgage Amount
$29.2M
Units
248
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$28.8M($29.2M original)
Interest Rate
5.48%
Maturity
November 2059(34 years remaining)
Original Term
35 years
Holder
Merchants Capital Corp.
Servicer
Merchants Capital 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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