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La Central

FHA HFA Risk Sharing (542c)

Endorsed December 5, 2023

FHA #01298056

Deal Details

Location
Bronx, New York
Mortgage Amount
$39.0M
Units
494
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
$38.4M($39.0M original)
Interest Rate
5.63%
Maturity
November 2061(36 years remaining)
Original Term
37 years, 11 months
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

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