← Back to FHA deals

Simba Simbi

FHA HFA Risk Sharing (542c)

Endorsed May 20, 2024

FHA #01298087

Deal Details

Location
Brooklyn, New York
Mortgage Amount
$29.5M
Units
156
Program
HFA Risk Sharing (542c)
Lender
NEW YORK CITY HSG DEV CORP
Fiscal Year
FY2024
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$29.0M($29.5M original)
Interest Rate
4.33%
Maturity
June 2064(38 years remaining)
Original Term
40 years
Holder
NEW YORK CITY HOUS DEV CORP
Servicer
NEW YORK CITY HOUS DEV CORP

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 FHA deals in Brooklyn, NY