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SOUTH LAWNDALE APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed July 19, 2022

FHA #07135954

Deal Details

Location
CHICAGO, Illinois
Mortgage Amount
$17.1M
Units
154
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$16.7M($17.1M original)
Interest Rate
4.05%
Maturity
October 2063(38 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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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