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Trendwood Apartments

FHA New Construction & Substantial Rehab

Endorsed July 20, 2022

FHA #11335982

Deal Details

Location
WACO, Texas
Mortgage Amount
$16.2M
Units
152
Program
New Construction & Substantial Rehab
Lender
PNC Bank, N.A.
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$15.9M($16.2M original)
Interest Rate
4.00%
Maturity
March 2064(38 years remaining)
Original Term
40 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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