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Armory Terrace RAD
FHA HFA Risk Sharing (542c)
Endorsed July 25, 2024
FHA #07198096
Deal Details
- Location
- WAUKEGAN, Illinois
- Mortgage Amount
- $7.1M
- Units
- 50
- Program
- HFA Risk Sharing (542c)
- Lender
- ILLINOIS HDA
- Fiscal Year
- FY2024
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $7.0M($7.1M original)
- Interest Rate
- 3.63%
- Maturity
- August 2054(28 years remaining)
- Original Term
- 30 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
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