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CARVER PARK PHASE III

FHA New Construction & Substantial Rehab

Endorsed December 15, 2022

FHA #04235741

Deal Details

Location
Cleveland, Ohio
Mortgage Amount
$14.0M
Units
143
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2023
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$13.9M($14.0M original)
Interest Rate
6.40%
Maturity
April 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

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