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BURNHAM MANOR APARTMENTS

FHA HFA Risk Sharing (542c)

Endorsed August 6, 2024

FHA #07198097

Deal Details

Location
ELGIN, Illinois
Mortgage Amount
$12.7M
Units
100
Program
HFA Risk Sharing (542c)
Lender
ILLINOIS HDA
Fiscal Year
FY2024
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$12.6M($12.7M original)
Interest Rate
4.30%
Maturity
September 2064(38 years remaining)
Original Term
40 years
Holder
ILLINOIS HOUSING DEVELOPMENT A
Servicer
ILLINOIS HOUSING DEVELOPMENT A

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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