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425 Grand Concourse
FHA HFA Risk Sharing (542c)
Endorsed November 6, 2023
FHA #01298072
Deal Details
- Location
- Bronx, New York
- Mortgage Amount
- $41.6M
- Units
- 276
- Program
- HFA Risk Sharing (542c)
- Lender
- NEW YORK CITY HSG DEV CORP
- Fiscal Year
- FY2024
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $40.9M($41.6M original)
- Interest Rate
- 5.38%
- Maturity
- November 2063(38 years remaining)
- Original Term
- 40 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