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Lancaster Apartments

FHA New Construction & Substantial Rehab

Endorsed May 9, 2003

FHA #07335582

Deal Details

Location
GARY, Indiana
Mortgage Amount
$2.4M
Units
60
Program
New Construction & Substantial Rehab
Lender
Midland Loan Services
Fiscal Year
FY2003
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$379K($2.4M original)
Interest Rate
5.75%
Maturity
June 2044(18 years remaining)
Original Term
40 years
Holder
PNC Bank, N.A.
Servicer
PNC Bank, N.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

hud.gov multifamily data

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