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Nicollet Towers

FHA HFA Risk Sharing (542c)

Endorsed December 16, 2010

FHA #09298083

Deal Details

Location
MINNEAPOLIS, Minnesota
Mortgage Amount
$15.0M
Units
306
Program
HFA Risk Sharing (542c)
Lender
MINNESOTA HFA
Fiscal Year
FY2011
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$12.3M($15.0M original)
Interest Rate
4.37%
Maturity
July 2051(25 years remaining)
Original Term
39 years
Holder
MINNESOTA HOUSING FINANCE AGEN
Servicer
MINNESOTA HOUSING FINANCE AGEN

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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