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5240 Apartments

FHA HFA Risk Sharing (542c)

Endorsed January 24, 2025

FHA #09298218

Deal Details

Location
CRYSTAL, Minnesota
Mortgage Amount
$5.7M
Units
58
Program
HFA Risk Sharing (542c)
Lender
MINNESOTA HFA
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$5.6M($5.7M original)
Interest Rate
4.50%
Maturity
February 2065(39 years remaining)
Original Term
40 years
Holder
MINNESOTA HOUSING FINANCE AGEN
Servicer
MINNESOTA HOUSING FINANCE AGEN

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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