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Lathrop Homes Phase 1A RAD

FHA HFA Risk Sharing (542c)

Endorsed October 14, 2020

FHA #07198062

Deal Details

Location
CHICAGO, Illinois
Mortgage Amount
$22.0M
Units
413
Program
HFA Risk Sharing (542c)
Lender
ILLINOIS HDA
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$21.0M($22.0M original)
Interest Rate
5.15%
Maturity
November 2060(35 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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