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SOUTHERN HILLS ORLANDO APARTMENTS

FHA HFA Risk Sharing (542c)

Endorsed February 15, 2022

FHA #07298026

Deal Details

Location
DECATUR, Illinois
Mortgage Amount
$21.3M
Units
212
Program
HFA Risk Sharing (542c)
Lender
ILLINOIS HDA
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$20.3M($21.3M original)
Interest Rate
3.53%
Maturity
March 2062(36 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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