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Bourne Mill Phase III
FHA HFA Risk Sharing (542c)
Endorsed July 23, 2025
FHA #01698178
Deal Details
- Location
- TIVERTON, Rhode Island
- Mortgage Amount
- $4.2M
- Units
- 59
- Program
- HFA Risk Sharing (542c)
- Lender
- RHODE ISLAND HFA
- Fiscal Year
- FY2025
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $4.1M($4.2M original)
- Interest Rate
- 6.50%
- Maturity
- August 2041(15 years remaining)
- Original Term
- 16 years
- Holder
- RHODE ISLAND HSG MTGE FIN CORP
- Servicer
- RHODE ISLAND HSG MTGE FIN 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