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Grand Terrace Apartments

FHA HFA Risk Sharing (542c)

Endorsed July 6, 2018

FHA #09298144

Deal Details

Location
WORTHINGTON, Minnesota
Mortgage Amount
$973K
Units
48
Program
HFA Risk Sharing (542c)
Lender
MINNESOTA HFA
Fiscal Year
FY2018
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$824K($973K original)
Interest Rate
4.75%
Maturity
August 2048(22 years remaining)
Original Term
30 years
Holder
MINNESOTA HOUSING FINANCE AGEN
Servicer
MINNESOTA HOUSING FINANCE AGEN

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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