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The Porter Apartments

FHA New Construction & Substantial Rehab

Endorsed November 23, 2022

FHA #04735282

Deal Details

Location: LANSING, Michigan
Mortgage Amount: $11.1M
Units: 98
Program: New Construction & Substantial Rehab
Lender: KeyBank National Association
Fiscal Year: FY2023
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $11.0M($11.1M original)
Interest Rate: 5.90%
Maturity: July 2064(38 years remaining)
Original Term: 40 years
Holder: KeyBank National Association
Servicer: KeyBank National Association

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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