Status
Active
Place
Baltimore, MD, 21206
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
170
First endorsed
Sep 9, 2025
Original loan
$19,400,000
Interest rate
5.37%
Term
480 months
Maturity
May 1, 2067
Monthly payment
$98,349
Balance
$19,400,000
Held by
Merchants Capital Corp., Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN
Financing
Tax-exempt bonds
Tax credits
Includes low-income housing tax credits

The balance is HUD's own amortization-schedule figure, assuming every payment is made on time. It can differ from a servicer's statement. Terminated loans carry no balance. HUD names the current holder and the current servicer of each loan, not the lender that made it. A loan that was sold shows under its buyer, so a company's balance here is what it holds or services today.

HUD project number 05235950. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.