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TRADITIONS OF HOLLAND

FHA New Construction & Substantial Rehab

Endorsed October 25, 2023

FHA #04735281

Deal Details

Location
HOLLAND, Michigan
Mortgage Amount
$13.2M
Units
120
Program
New Construction & Substantial Rehab
Lender
Regions Bank
Fiscal Year
FY2024
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$13.1M($13.2M original)
Interest Rate
6.08%
Maturity
January 2065(39 years remaining)
Original Term
40 years
Holder
Regions Bank
Servicer
Berkadia Commercial Mortgage LLC

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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