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Prospect Plaza Site I

FHA HFA Risk Sharing (542c)

Endorsed May 18, 2017

FHA #01298016

Deal Details

Location
New York, New York
Mortgage Amount
$2.7M
Units
109
Program
HFA Risk Sharing (542c)
Lender
NEW YORK CITY HSG DEV CORP
Fiscal Year
FY2017
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$2.3M($2.7M original)
Interest Rate
5.75%
Maturity
June 2047(21 years remaining)
Original Term
30 years
Holder
NEW YORK CITY HOUS DEV CORP
Servicer
NEW YORK CITY HOUS DEV CORP

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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