← Back to FHA deals

Rockland Gardens AKA Rockland Gardens Apartments

FHA New Construction & Substantial Rehab

Endorsed October 31, 2023

FHA #01235728

Deal Details

Location
NYACK, New York
Mortgage Amount
$14.5M
Units
69
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2024
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$14.4M($14.5M original)
Interest Rate
5.40%
Maturity
March 2065(39 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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

Related Deals

Other deals by Lument