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New City Plaza

FHA New Construction & Substantial Rehab

Endorsed June 23, 2022

FHA #10535316

Deal Details

Location
SALT LAKE CITY, Utah
Mortgage Amount
$25.7M
Units
299
Program
New Construction & Substantial Rehab
Lender
AGM FINANCIAL SERVICES
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$25.3M($25.7M original)
Interest Rate
4.25%
Maturity
May 2064(38 years remaining)
Original Term
40 years
Holder
AGM FINANCIAL SERVICES
Servicer
AGM FINANCIAL SERVICES

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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