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HUD is encouraging projects with direct loans under the Section
202 Housing for the Elderly/Handicapped program to refinance their
loans. Depending on the interest rate of the original loan and the
remaining term, refinancing could potentially reduce monthly debt
service cost, or enable the project to obtain funds for needed repairs
and capital improvements. In order to support the refinancing initiative,
the Office of Housing is publishing a list of all outstanding Section
202 loans, along with information on loan terms. Financial data
provided is amortized based on the mortgage payments schedule and
does not reflect missed or unscheduled payments, accrued interest
or any other adjustments.
Data for Active 202/811 Loans can be downloaded as a Microsoft
Excel spreadsheet
or as comma-delimited Text
file.
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