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Cherokee Place
FHA HFA Risk Sharing (542c)
Endorsed November 9, 2021
FHA #09298171
Deal Details
- Location
- NORTH BRANCH, Minnesota
- Mortgage Amount
- $3.2M
- Units
- 48
- Program
- HFA Risk Sharing (542c)
- Lender
- MINNESOTA HFA
- Fiscal Year
- FY2022
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $3.1M($3.2M original)
- Interest Rate
- 4.98%
- Maturity
- November 2061(36 years remaining)
- Original Term
- 40 years
- Holder
- MINNESOTA HOUSING FINANCE AGEN
- Servicer
- MINNESOTA HOUSING FINANCE AGEN
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