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1490 Southern Blvd.

FHA HFA Risk Sharing (542c)

Endorsed October 18, 2021

FHA #01298068

Deal Details

Location
Bronx, New York
Mortgage Amount
$14.7M
Units
114
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
$14.2M($14.7M original)
Interest Rate
5.58%
Maturity
October 2061(36 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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