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Springhill Village Apartments

FHA New Construction & Substantial Rehab

Endorsed December 7, 2017

FHA #05135739

Deal Details

Location
STAUNTON, Virginia
Mortgage Amount
$4.8M
Units
108
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2018
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$4.4M($4.8M original)
Interest Rate
3.75%
Maturity
February 2059(33 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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