Status
Active
Place
St. Louis, MO, 63120
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
146
First endorsed
Dec 14, 2022
Original loan
$10,244,500
Interest rate
5.74%
Term
480 months
Maturity
Jan 1, 2065
Monthly payment
$54,521
Balance
$10,122,902
Held by
PNC Bank, National Association, Miamisburg, OH
Serviced by
PNC Bank, National Association, Miamisburg, OH
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 08535607. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.