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TOULON PLACE

FHA New Construction & Substantial Rehab

Endorsed June 15, 2023

FHA #05336405

Deal Details

Location
RALEIGH, North Carolina
Mortgage Amount
$16.3M
Units
200
Program
New Construction & Substantial Rehab
Lender
CHURCHILL MORTGAGE INVMT LLC
Fiscal Year
FY2023
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$16.2M($16.3M original)
Interest Rate
5.89%
Maturity
March 2065(39 years remaining)
Original Term
40 years
Holder
CHURCHILL MORTGAGE INVESTMENT
Servicer
CHURCHILL MORTGAGE INVESTMENT

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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