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Newcastle Saranac

FHA HFA Risk Sharing (542c)

Endorsed September 2, 2022

FHA #02398431

Deal Details

Location
BOSTON, Massachusetts
Mortgage Amount
$17.6M
Units
97
Program
HFA Risk Sharing (542c)
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$16.9M($17.6M original)
Interest Rate
3.83%
Maturity
July 2062(36 years remaining)
Original Term
40 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

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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