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Spring Hill Apartments - Phase II

FHA New Construction & Substantial Rehab

Endorsed April 28, 2016

FHA #04235697

Deal Details

Location
AKRON, Ohio
Mortgage Amount
$7.4M
Units
209
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2016
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$6.6M($7.4M original)
Interest Rate
3.60%
Maturity
July 2057(31 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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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