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Grant Village Apartments

FHA Acquisition & Refinance

Endorsed September 29, 2021

FHA #07411187

Deal Details

Location
MASON CITY, Iowa
Mortgage Amount
$2.9M
Units
64
Program
Acquisition & Refinance
Lender
PNC Bank, N.A.
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.6M($2.9M original)
Interest Rate
2.42%
Maturity
October 2056(31 years remaining)
Original Term
35 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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