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Hancock Gardens

FHA New Construction & Substantial Rehab

Endorsed April 8, 2016

FHA #12235730

Deal Details

Location
LOS ANGELES, California
Mortgage Amount
$15.3M
Units
65
Program
New Construction & Substantial Rehab
Lender
PNC Bank, N.A.
Fiscal Year
FY2016
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$13.5M($15.3M original)
Interest Rate
3.50%
Maturity
May 2057(31 years remaining)
Original Term
40 years
Holder
PNC Bank, N.A.
Servicer
PNC Bank, N.A.

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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