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Park Southern Apartments

FHA New Construction & Substantial Rehab

Endorsed June 18, 2020

FHA #00035569

Deal Details

Location: WASHINGTON, District of Columbia
Mortgage Amount: $27.8M
Units: 358
Program: New Construction & Substantial Rehab
Lender: PNC Bank, N.A.
Fiscal Year: FY2020
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $26.7M($27.8M original)
Interest Rate: 3.05%
Maturity: March 2063(37 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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