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Prospect Plaza II

FHA HFA Risk Sharing (542c)

Endorsed November 8, 2017

FHA #01298019

Deal Details

Location
Brooklyn, New York
Mortgage Amount
$7.6M
Units
148
Program
HFA Risk Sharing (542c)
Lender
NEW YORK CITY HSG DEV CORP
Fiscal Year
FY2018
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$6.9M($7.6M original)
Interest Rate
5.85%
Maturity
December 2052(27 years remaining)
Original Term
35 years
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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