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Southbridge 1B
FHA HFA Risk Sharing (542c)
Endorsed September 27, 2023
FHA #07198080
Deal Details
- Location
- CHICAGO, Illinois
- Mortgage Amount
- $6.6M
- Units
- 103
- Program
- HFA Risk Sharing (542c)
- Lender
- ILLINOIS HDA
- Fiscal Year
- FY2023
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $6.5M($6.6M original)
- Interest Rate
- 4.84%
- Maturity
- October 2063(38 years remaining)
- Original Term
- 40 years
- Holder
- ILLINOIS HOUSING DEVELOPMENT A
- Servicer
- ILLINOIS HOUSING DEVELOPMENT A
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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