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Hunters Point South Parcel C - North Tower

FHA HFA Risk Sharing (542c)

Endorsed November 7, 2023

FHA #01298065

Deal Details

Location
Long Island City, New York
Mortgage Amount
$252.6M
Units
799
Program
HFA Risk Sharing (542c)
Lender
NEW YORK CITY HSG DEV CORP
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$247.7M($252.6M original)
Interest Rate
4.85%
Maturity
November 2063(38 years remaining)
Original Term
40 years
Holder
NEW YORK CITY HOUS DEV CORP
Servicer
NEW YORK CITY HOUS DEV CORP

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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