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Southwest Village Apartments

FHA QPE Risk Sharing (542b)

Endorsed February 24, 2022

FHA #12597262

Deal Details

Location
RENO, Nevada
Mortgage Amount
$36.0M
Units
332
Program
QPE Risk Sharing (542b)
Lender
FEDERAL NATIONAL MORTGAGE
Fiscal Year
FY2022
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$34.1M($36.0M original)
Interest Rate
3.37%
Maturity
December 2038(13 years remaining)
Original Term
17 years
Holder
FEDERAL NATIONAL MORTGAGE
Servicer
FEDERAL NATIONAL MORTGAGE

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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