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Connex Apartments

FHA HFA Risk Sharing (542c)

Endorsed August 25, 2021

FHA #09298178

Deal Details

Location
Saint Michael, Minnesota
Mortgage Amount
$5.1M
Units
49
Program
HFA Risk Sharing (542c)
Lender
MINNESOTA HFA
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$4.8M($5.1M original)
Interest Rate
3.55%
Maturity
September 2061(35 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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