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Laurel Grove Acres I

FHA HFA Risk Sharing (542c)

Endorsed July 1, 2024

FHA #05298093

Deal Details

Location
Federalsburg, Maryland
Mortgage Amount
$1.1M
Units
37
Program
HFA Risk Sharing (542c)
Lender
MARYLAND DEPT HSG COM DEVMT
Fiscal Year
FY2024
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$1.1M
Interest Rate
5.31%
Maturity
August 2066(40 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

hud.gov multifamily data

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