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The Homestead at Morton Grove
FHA HFA Risk Sharing (542c)
Endorsed December 13, 2010
FHA #07198042
Deal Details
- Location
- MORTON GROVE, Illinois
- Mortgage Amount
- $14.5M
- Units
- 82
- Program
- HFA Risk Sharing (542c)
- Lender
- ILLINOIS HDA
- Fiscal Year
- FY2011
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $11.5M($14.5M original)
- Interest Rate
- 3.70%
- Maturity
- September 2051(25 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