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SPRINGBORO SHERMAN L. P.

FHA New Construction & Substantial Rehab

Endorsed January 31, 2024

FHA #04635783

Deal Details

Location
SPRINGBORO, Ohio
Mortgage Amount
$2.9M
Units
94
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.9M
Interest Rate
6.75%
Maturity
November 2065(40 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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