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Morningside Court Risk Share

FHA HFA Risk Sharing (542c)

Endorsed June 1, 2021

FHA #07198091

Deal Details

Location
CHICAGO, Illinois
Mortgage Amount
$27.6M
Units
170
Program
HFA Risk Sharing (542c)
Lender
ILLINOIS HDA
Fiscal Year
FY2021
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$25.4M($27.6M original)
Interest Rate
3.02%
Maturity
July 2056(30 years remaining)
Original Term
35 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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