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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

hud.gov multifamily data

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