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Riverway Apartments

FHA New Construction & Substantial Rehab

Endorsed June 29, 2011

FHA #01235705

Deal Details

Location
Brooklyn, New York
Mortgage Amount
$20.2M
Units
114
Program
New Construction & Substantial Rehab
Lender
NEW YORK CITY HSG DEV CORP
Fiscal Year
FY2011
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$15.5M($20.2M original)
Interest Rate
2.27%
Maturity
October 2051(26 years remaining)
Original Term
38 years
Holder
NEW YORK CITY HOUS DEV CORP
Servicer
Wells Fargo Multifamily Capital

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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