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Countryside Townhouses

FHA New Construction & Substantial Rehab

Endorsed August 13, 2025

FHA #04735287

Deal Details

Location: KENTWOOD, Michigan
Mortgage Amount: $23.3M
Units: 146
Program: New Construction & Substantial Rehab
Lender: Lument
Fiscal Year: FY2025
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $23.3M
Interest Rate: 6.10%
Maturity: March 2067(41 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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