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Enclave on Ross

FHA New Construction & Substantial Rehab

Endorsed August 27, 2021

FHA #11535960

Deal Details

Location
DEL VALLE, Texas
Mortgage Amount
$44.0M
Units
288
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2021
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$42.6M($44.0M original)
Interest Rate
2.80%
Maturity
October 2063(38 years remaining)
Original Term
40 years
Holder
GERSHMAN INVESTMENT
Servicer
GERSHMAN INVESTMENT

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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