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Melrose North
FHA HFA Risk Sharing (542c)
Endorsed August 16, 2024
FHA #01298077
Deal Details
- Location
- Bronx, New York
- Mortgage Amount
- $24.5M
- Units
- 170
- Program
- HFA Risk Sharing (542c)
- Lender
- NEW YORK CITY HSG DEV CORP
- Fiscal Year
- FY2024
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $24.0M($24.5M original)
- Interest Rate
- 3.88%
- Maturity
- April 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