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Educator Apartments

FHA New Construction & Substantial Rehab

Endorsed November 8, 2004

FHA #04235536

Deal Details

Location
PARMA HEIGHTS, Ohio
Mortgage Amount
$3.9M
Units
98
Program
New Construction & Substantial Rehab
Lender
GREAT LAKES FINANCIAL GRP
Fiscal Year
FY2005
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$2.8M($3.9M original)
Interest Rate
3.95%
Maturity
February 2046(20 years remaining)
Original Term
40 years
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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