Status
Active
Place
Raeford, NC, 28376
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
48
First endorsed
Aug 19, 2026
Original loan
$7,510,000
Interest rate
5.80%
Term
480 months
Maturity
Oct 1, 2067
Monthly payment
$40,279
Balance
$7,510,000
Held by
Keybank National Association, Amherst, NY
Serviced by
Keybank National Association, Amherst, NY
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 05336503. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.