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Bay Towers
FHA HFA Risk Sharing (542c)
Endorsed May 24, 2022
FHA #01298074
Deal Details
- Location
- Queens, New York
- Mortgage Amount
- $50.2M
- Units
- 372
- Program
- HFA Risk Sharing (542c)
- Lender
- NEW YORK CITY HSG DEV CORP
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $48.2M($50.2M original)
- Interest Rate
- 5.50%
- Maturity
- June 2057(31 years remaining)
- Original Term
- 35 years
- Holder
- NEW YORK CITY HOUS DEV CORP
- Servicer
- NEW YORK CITY HOUS DEV CORP
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