← Back to FHA deals

NORTHSIDE HILLS APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed October 30, 2024

FHA #06135987

Deal Details

Location
GRIFFIN, Georgia
Mortgage Amount
$29.3M
Units
264
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$29.3M
Interest Rate
6.44%
Maturity
July 2066(40 years remaining)
Original Term
40 years
Holder
Merchants Capital Corp.
Servicer
Merchants Capital Corp.

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

Related Deals

Other FHA deals in GRIFFIN, GA

Other deals by Merchants Capital Corp.