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ARBOURS AT VILLA RICA APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed January 19, 2022

FHA #06135951

Deal Details

Location
Villa Rica, Georgia
Mortgage Amount
$15.3M
Units
192
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$14.9M($15.3M original)
Interest Rate
2.85%
Maturity
May 2064(38 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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