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Canal Bluffs-Phase III

FHA HFA Risk Sharing (542c)

Endorsed December 23, 2019

FHA #02398343

Deal Details

Location
Bourne, Massachusetts
Mortgage Amount
$3.4M
Units
44
Program
HFA Risk Sharing (542c)
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2020
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$3.2M($3.4M original)
Interest Rate
5.32%
Maturity
January 2060(34 years remaining)
Original Term
40 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

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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