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Gateway Rising Apartments
FHA HFA Risk Sharing (542c)
Endorsed July 24, 2024
FHA #12198095
Deal Details
- Location
- MENLO PARK, California
- Mortgage Amount
- $44.4M
- Units
- 138
- Program
- HFA Risk Sharing (542c)
- Lender
- CALIFORNIA HFA
- Fiscal Year
- FY2024
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $43.5M($44.4M original)
- Interest Rate
- 3.77%
- Maturity
- May 2054(28 years remaining)
- Original Term
- 30 years
- Holder
- CALIFORNIA HOUSING FINANCE
- Servicer
- CALIFORNIA HOUSING FINANCE
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