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Melville Towers Apartments
FHA Acquisition & Refinance
Endorsed February 19, 2020
FHA #02311536
Deal Details
- Location
- New Bedford, Massachusetts
- Mortgage Amount
- $42.7M
- Units
- 326
- Program
- Acquisition & Refinance
- Lender
- MASSACHUSETTS HFA
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $38.6M($42.7M original)
- Interest Rate
- 3.41%
- Maturity
- March 2055(29 years remaining)
- Original Term
- 35 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
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