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The Cottages Apartments

FHA New Construction & Substantial Rehab

Endorsed December 14, 2021

FHA #08235498

Deal Details

Location
LITTLE ROCK, Arkansas
Mortgage Amount
$14.8M
Units
144
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$14.2M($14.8M original)
Interest Rate
2.79%
Maturity
April 2063(37 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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