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Parkchester Gardens

FHA HFA Risk Sharing (542c)

Endorsed November 21, 2024

FHA #01298079

Deal Details

Location
Bronx, New York
Mortgage Amount
$49.3M
Units
220
Program
HFA Risk Sharing (542c)
Lender
NEW YORK CITY HSG DEV CORP
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$48.4M($49.3M original)
Interest Rate
3.88%
Maturity
July 2064(38 years remaining)
Original Term
40 years
Holder
NEW YORK CITY HOUS DEV CORP
Servicer
NEW YORK CITY HOUS DEV 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

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