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SOUTH CITY IV

FHA New Construction & Substantial Rehab

Endorsed February 22, 2021

FHA #08135295

Deal Details

Location
MEMPHIS, Tennessee
Mortgage Amount
$10.9M
Units
138
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$10.4M($10.9M original)
Interest Rate
2.90%
Maturity
October 2062(37 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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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