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River Tower Apartments
FHA New Construction & Substantial Rehab
Endorsed January 27, 2004
FHA #04435581
Deal Details
- Location
- DETROIT, Michigan
- Mortgage Amount
- $16.1M
- Units
- 469
- Fiscal Year
- FY2004
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $9.3M($12.7M original)
- Interest Rate
- 5.12%
- Maturity
- December 2045(20 years remaining)
- Original Term
- 40 years
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
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