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South Village I & II

FHA Acquisition & Refinance

Endorsed November 7, 2014

FHA #03511039

Deal Details

Location
TRENTON, New Jersey
Mortgage Amount
$42.5M
Units
335
Program
Acquisition & Refinance
Lender
PNC Bank, N.A.
Fiscal Year
FY2015
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$33.5M($42.5M original)
Interest Rate
2.78%
Maturity
December 2049(24 years remaining)
Original Term
35 years
Holder
PNC Bank, N.A.
Servicer
PNC Bank, N.A.

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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