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Springford Gardens & School House Apartments
FHA HFA Risk Sharing (542c)
Endorsed June 27, 2019
FHA #05298056
Deal Details
- Location
- ELKTON, Maryland
- Mortgage Amount
- $6.1M
- Units
- 69
- Program
- HFA Risk Sharing (542c)
- Lender
- MARYLAND DEPT HSG COM DEVMT
- Fiscal Year
- FY2019
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $3.4M($3.6M original)
- Interest Rate
- 3.95%
- Maturity
- October 2060(35 years remaining)
- Original Term
- 40 years
- Holder
- DEPARTMENT HOUSING COMM DEV
- Servicer
- DEPARTMENT HOUSING COMM DEV
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