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Stone Mountain Place

FHA HFA Risk Sharing (542c)

Endorsed June 9, 2008

FHA #11698058

Deal Details

Location
LAS CRUCES, New Mexico
Mortgage Amount
$2.3M
Units
83
Program
HFA Risk Sharing (542c)
Lender
NEW MEXICO MFA
Fiscal Year
FY2008
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$1.9M($2.3M original)
Interest Rate
6.10%
Maturity
July 2048(22 years remaining)
Original Term
40 years
Holder
NEW MEXICO MTG FIN AUTHORITY
Servicer
NEW MEXICO MTG FIN AUTHORITY

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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