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New Center City

FHA Supplemental Loans

Endorsed September 23, 2021

FHA #03110022

Deal Details

Location
Newark, New Jersey
Mortgage Amount
$4.1M
Units
49
Program
Supplemental Loans
Lender
Lument
Fiscal Year
FY2021
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$3.9M($4.1M original)
Interest Rate
3.49%
Maturity
May 2063(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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