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Avenue Commons

FHA New Construction & Substantial Rehab

Endorsed April 18, 2019

FHA #11335807

Deal Details

Location
ANDREWS, Texas
Mortgage Amount
$4.3M
Units
60
Program
New Construction & Substantial Rehab
Lender
DAVIS-PENN MTGE
Fiscal Year
FY2019
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$4.1M($4.3M original)
Interest Rate
4.45%
Maturity
October 2060(35 years remaining)
Original Term
40 years
Holder
DAVIS-PENN MORTGAGE CO
Servicer
DAVIS-PENN MORTGAGE CO

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