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HEIWA TERRACE

FHA New Construction & Substantial Rehab

Endorsed March 11, 2021

FHA #07135931

Deal Details

Location
CHICAGO, Illinois
Mortgage Amount
$28.5M
Units
203
Program
New Construction & Substantial Rehab
Lender
BWE
Fiscal Year
FY2021
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$27.4M($28.5M original)
Interest Rate
2.83%
Maturity
May 2063(37 years remaining)
Original Term
40 years
Holder
BWE
Servicer
BWE

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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