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Russell Arms and Benton Heights
FHA HFA Risk Sharing (542c)
Endorsed October 18, 2007
FHA #09298063
Deal Details
- Location
- SAUK RAPIDS, Minnesota
- Mortgage Amount
- $3.4M
- Units
- 91
- Program
- HFA Risk Sharing (542c)
- Lender
- MINNESOTA HFA
- Fiscal Year
- FY2008
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.9M($3.4M original)
- Interest Rate
- 5.15%
- Maturity
- September 2037(11 years remaining)
- Original Term
- 30 years
- Holder
- MINNESOTA HOUSING FINANCE AGEN
- Servicer
- MINNESOTA HOUSING FINANCE AGEN
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