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Westway Gardens Apartments

FHA New Construction & Substantial Rehab

Endorsed December 15, 2010

FHA #04235640

Deal Details

Location
ELYRIA, Ohio
Mortgage Amount
$15.1M
Units
300
Program
New Construction & Substantial Rehab
Lender
ROSE COMMUNITY CAPITAL
Fiscal Year
FY2011
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$11.3M($15.1M original)
Interest Rate
2.05%
Maturity
July 2052(26 years remaining)
Original Term
40 years
Holder
ROSE COMMUNITY CAPITAL
Servicer
ROSE COMMUNITY CAPITAL

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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