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RICHMOND VILLAS
FHA New Construction & Substantial Rehab
Endorsed September 20, 2017
FHA #06135862
Deal Details
- Location
- Hephzibah, Georgia
- Mortgage Amount
- $7.0M
- Units
- 96
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2017
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $6.4M($7.0M original)
- Interest Rate
- 3.22%
- Maturity
- January 2059(33 years remaining)
- Original Term
- 40 years
- Holder
- GERSHMAN INVESTMENT
- Servicer
- GERSHMAN INVESTMENT
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