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Friendship Terrace Apartments

FHA New Construction & Substantial Rehab

Endorsed April 24, 2017

FHA #04235707

Deal Details

Location
CUYAHOGA FALLS, Ohio
Mortgage Amount
$1.8M
Units
39
Program
New Construction & Substantial Rehab
Lender
ROSE COMMUNITY CAPITAL
Fiscal Year
FY2017
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$1.6M($1.8M original)
Interest Rate
3.99%
Maturity
June 2058(32 years remaining)
Original Term
40 years
Holder
ROSE COMMUNITY CAPITAL
Servicer
ROSE COMMUNITY CAPITAL

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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