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Union Street Lofts

FHA HFA Risk Sharing (542c)

Endorsed April 19, 2021

FHA #02398394

Deal Details

Location
New Bedford, Massachusetts
Mortgage Amount
$1.9M
Units
35
Program
HFA Risk Sharing (542c)
Lender
MASSACHUSETTS HOUSING PARTNERSHIP
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$1.8M($1.9M original)
Interest Rate
3.71%
Maturity
May 2061(35 years remaining)
Original Term
40 years
Holder
MASSACHUSETTS HOUSING PARTNERSHIP
Servicer
MASSACHUSETTS HOUSING PARTNERSHIP

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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