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DESOTO TOWERS

FHA New Construction & Substantial Rehab

Endorsed February 5, 2008

FHA #06738023

Deal Details

Location
BRADENTON, Florida
Mortgage Amount
$2.0M
Units
203
Program
New Construction & Substantial Rehab
Lender
FLORIDA HFA
Fiscal Year
FY2008
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$1.7M($2.0M original)
Interest Rate
5.74%
Maturity
February 2049(23 years remaining)
Original Term
40 years
Holder
FIRST HOUSING DEV CORP OF FL
Servicer
FIRST HOUSING DEV CORP OF FL

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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