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Schumaker Place Apartments
FHA HFA Risk Sharing (542c)
Endorsed January 15, 2019
FHA #05298052
Deal Details
- Location
- SALISBURY, Maryland
- Mortgage Amount
- $7.0M
- Units
- 96
- Program
- HFA Risk Sharing (542c)
- Lender
- MARYLAND DEPT HSG COM DEVMT
- Fiscal Year
- FY2019
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $4.6M($4.8M original)
- Interest Rate
- 4.55%
- Maturity
- September 2060(34 years remaining)
- Original Term
- 40 years
- Holder
- DEPARTMENT HOUSING COMM DEV
- Servicer
- DEPARTMENT HOUSING COMM DEV
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