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Cycle House Apartments

FHA New Construction & Substantial Rehab

Endorsed November 7, 2023

FHA #00035605

Deal Details

Location
WASHINGTON, District of Columbia
Mortgage Amount
$2.0M
Units
18
Program
New Construction & Substantial Rehab
Lender
PNC Bank, N.A.
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.0M
Interest Rate
5.28%
Maturity
June 2065(39 years remaining)
Original Term
40 years
Holder
PNC Bank, N.A.
Servicer
PNC Bank, N.A.

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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