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Shady Grove Apartments
FHA HFA Risk Sharing (542c)
Endorsed December 15, 2021
FHA #00098099
Deal Details
- Location
- Derwood, Maryland
- Mortgage Amount
- $28.7M
- Units
- 144
- Program
- HFA Risk Sharing (542c)
- Lender
- MONTGOMERY COUNTY HOC
- Fiscal Year
- FY2022
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $28.0M($28.7M original)
- Interest Rate
- 2.77%
- Maturity
- July 2050(24 years remaining)
- Original Term
- 25 years, 10 months
- Holder
- HOC-MORTGAGE FINANCE PROGRAM
- Servicer
- HOC-MORTGAGE FINANCE PROGRAM
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