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Newsom Tower Apartments
FHA New Construction & Substantial Rehab
Endorsed July 26, 2016
FHA #04235700
Deal Details
- Location
- ALLIANCE, Ohio
- Mortgage Amount
- $2.5M
- Units
- 42
- Lender
- ROSE COMMUNITY CAPITAL
- Fiscal Year
- FY2016
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $2.2M($2.5M original)
- Interest Rate
- 3.75%
- Maturity
- October 2057(32 years remaining)
- Original Term
- 40 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
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