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RIDGEWAY APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed June 20, 2019

FHA #08735310

Deal Details

Location
CHATTANOOGA, Tennessee
Mortgage Amount
$10.1M
Units
120
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2019
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$9.4M($10.1M original)
Interest Rate
4.15%
Maturity
April 2058(32 years remaining)
Original Term
37 years, 6 months
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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