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MARTIN LUTHER KING HOMES I
FHA Acquisition & Refinance
Endorsed November 16, 2022
FHA #04411546
Deal Details
- Location
- DETROIT, Michigan
- Mortgage Amount
- $12.4M
- Units
- 169
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2023
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $11.7M($12.4M original)
- Interest Rate
- 4.16%
- Maturity
- December 2057(32 years remaining)
- Original Term
- 35 years
- Servicer
- Berkadia Commercial Mortgage LLC
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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