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Wing Schoolhouse Apartments

FHA HFA Risk Sharing (542c)

Endorsed October 11, 2023

FHA #07198094

Deal Details

Location: ELGIN, Illinois
Mortgage Amount: $2.3M
Units: 27
Program: HFA Risk Sharing (542c)
Lender: ILLINOIS HDA
Fiscal Year: FY2024
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $2.2M($2.3M original)
Interest Rate: 4.19%
Maturity: November 2063(37 years remaining)
Original Term: 40 years
Holder: ILLINOIS HOUSING DEVELOPMENT A
Servicer: ILLINOIS HOUSING DEVELOPMENT 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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