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Chelsea Apartments

FHA New Construction & Substantial Rehab

Endorsed December 20, 2017

FHA #11335713

Deal Details

Location
EL PASO, Texas
Mortgage Amount
$20.3M
Units
330
Program
New Construction & Substantial Rehab
Lender
PNC Bank, N.A.
Fiscal Year
FY2018
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$18.8M($20.3M original)
Interest Rate
3.73%
Maturity
January 2060(34 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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