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Bronzeville Family Apartments Phase II

FHA New Construction & Substantial Rehab

Endorsed September 26, 2013

FHA #07135841

Deal Details

Location
CHICAGO, Illinois
Mortgage Amount
$2.5M
Units
24
Program
New Construction & Substantial Rehab
Lender
PRAIRIE MORTGAGE CO
Fiscal Year
FY2013
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.1M($2.5M original)
Interest Rate
4.00%
Maturity
December 2054(29 years remaining)
Original Term
40 years
Holder
Merchants Capital Corp.
Servicer
Merchants Capital Corp.

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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