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Ginger Ridge Apartments
FHA Acquisition & Refinance
Endorsed August 10, 2016
FHA #07111394
Deal Details
- Location
- CALUMET CITY, Illinois
- Mortgage Amount
- $20.0M
- Units
- 469
- Program
- Acquisition & Refinance
- Lender
- ROSE COMMUNITY CAPITAL
- Fiscal Year
- FY2016
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $16.5M($20.0M original)
- Interest Rate
- 3.05%
- Maturity
- August 2051(25 years remaining)
- Original Term
- 35 years
- Holder
- ROSE COMMUNITY CAPITAL
- Servicer
- ROSE COMMUNITY CAPITAL
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