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Van Der Heyden Apartments

FHA HFA Risk Sharing (542c)

Endorsed July 30, 2025

FHA #02398485

Deal Details

Location: SPRINGFIELD, Massachusetts
Mortgage Amount: $3.5M
Units: 45
Program: HFA Risk Sharing (542c)
Lender: MASSACHUSETTS HFA
Fiscal Year: FY2025
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $3.4M($3.5M original)
Interest Rate: 5.71%
Maturity: August 2065(39 years remaining)
Original Term: 40 years
Holder: MASSHOUSING
Servicer: MASSHOUSING

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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