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TWO TOWERS

FHA HFA Risk Sharing (542c)

Endorsed May 6, 2024

FHA #07198107

Deal Details

Location
EAST MOLINE, Illinois
Mortgage Amount
$13.3M
Units
239
Program
HFA Risk Sharing (542c)
Lender
ILLINOIS HDA
Fiscal Year
FY2024
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$13.3M
Interest Rate
5.75%
Maturity
July 2066(40 years remaining)
Original Term
40 years
Holder
ILLINOIS HOUSING DEVELOPMENT A
Servicer
ILLINOIS HOUSING DEVELOPMENT 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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