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The Katy
FHA New Construction & Substantial Rehab
Endorsed August 29, 2024
FHA #11536043
Deal Details
- Location
- ELGIN, Texas
- Mortgage Amount
- $25.0M
- Units
- 150
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2024
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $25.0M
- Interest Rate
- 5.82%
- Maturity
- September 2066(40 years remaining)
- Original Term
- 40 years
- Holder
- GERSHMAN INVESTMENT
- Servicer
- GERSHMAN INVESTMENT
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
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