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New Community Place Apartments

FHA New Construction & Substantial Rehab

Endorsed October 31, 2013

FHA #04235674

Deal Details

Location
Cleveland, Ohio
Mortgage Amount
$4.5M
Units
147
Program
New Construction & Substantial Rehab
Lender
ROSE COMMUNITY CAPITAL
Fiscal Year
FY2014
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$3.9M($4.5M original)
Interest Rate
3.39%
Maturity
September 2055(29 years remaining)
Original Term
40 years
Holder
ROSE COMMUNITY CAPITAL
Servicer
ROSE COMMUNITY CAPITAL

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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