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Northeastern Towers Annex
FHA HFA Risk Sharing (542c)
Endorsed May 5, 2022
FHA #01298063
Deal Details
- Location
- Queens, New York
- Mortgage Amount
- $22.6M
- Units
- 158
- Program
- HFA Risk Sharing (542c)
- Lender
- NEW YORK CITY HSG DEV CORP
- Fiscal Year
- FY2022
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $21.8M($22.6M original)
- Interest Rate
- 5.58%
- Maturity
- September 2061(35 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