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Kings Beach Tower

FHA HFA Risk Sharing (542c)

Endorsed January 13, 2016

FHA #02398287

Deal Details

Location
Lynn, Massachusetts
Mortgage Amount
$22.1M
Units
183
Program
HFA Risk Sharing (542c)
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$19.2M($22.1M original)
Interest Rate
3.84%
Maturity
January 2056(30 years remaining)
Original Term
40 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

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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