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Tower Terrace Townhomes
FHA HFA Risk Sharing (542c)
Endorsed March 30, 2020
FHA #09298179
Deal Details
- Location
- Cambridge, Minnesota
- Mortgage Amount
- $1.6M
- Units
- 32
- Program
- HFA Risk Sharing (542c)
- Lender
- MINNESOTA HFA
- Fiscal Year
- FY2020
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.5M($1.6M original)
- Interest Rate
- 3.49%
- Maturity
- May 2055(29 years remaining)
- Original Term
- 35 years
- Holder
- MINNESOTA HOUSING FINANCE AGEN
- Servicer
- MINNESOTA HOUSING FINANCE AGEN
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
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