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HORIZON HEIGHTS

FHA HFA Risk Sharing (542c)

Endorsed July 25, 2024

FHA #09298214

Deal Details

Location
BURNSVILLE, Minnesota
Mortgage Amount
$2.5M
Units
25
Program
HFA Risk Sharing (542c)
Lender
MINNESOTA HFA
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.4M($2.5M original)
Interest Rate
4.25%
Maturity
August 2059(33 years remaining)
Original Term
35 years
Holder
MINNESOTA HOUSING FINANCE AGEN
Servicer
MINNESOTA HOUSING FINANCE AGEN

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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