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Baxter Terrace
FHA HFA Risk Sharing (542c)
Endorsed March 23, 2012
FHA #03198029
Deal Details
- Location
- Newark, New Jersey
- Mortgage Amount
- $2.1M
- Units
- 89
- Program
- HFA Risk Sharing (542c)
- Lender
- NEW JERSEY HMFA
- Fiscal Year
- FY2012
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.6M($2.1M original)
- Interest Rate
- 5.00%
- Maturity
- September 2042(16 years remaining)
- Original Term
- 30 years
- Holder
- NEW JERSEY HOUS MTG FIN AGCY
- Servicer
- NEW JERSEY HOUS MTG FIN AGCY
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
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