FHA-insured · 542(c) HFA risk-sharing

Amy Lowell House

65 Martha Rd, Boston, MA 02114 · 152 units

Amy Lowell House carries a $10.3 million FHA-insured mortgage at a 5.9% note rate, endorsed by HUD on August 4, 1999 and maturing in August 2039. HUD's file put the amortized balance at $6,071,889 as of September 30, 2026, with 12 years 11 months left on the term.

Note rate
5.9%
Balance, September 2026
$6,071,889
Monthly principal and interest
$56,070
Matures
August 2039
Original amount
$10,321,000
Original amount per unit
$67,901
Term
480 months (40 years)
First payment
September 1, 1999
Initial endorsement
August 4, 1999
HUD program (as filed)
542(c) HFA Risk Sharing-Existing (YHE)
FHA project number
02398031
Mortgage holder
Masshousing
Servicer
Masshousing

Would a refinance lower the payment?

This loan's 5.9% rate is above the 5.54% median on HUD apartment loans endorsed in the 12 months before September 30, 2026. At that median, on the same balance and remaining term, principal and interest would run about $55,000 a month instead of about $56,000: roughly $14,000 a year less, before mortgage insurance, closing costs and any prepayment premium in the note.

This is a risk-sharing loan, which HUD does not allow to use a 223(a)(7). The usual route is a new 223(f) loan, sized on the property's current income.

Own this property?

Send it to the commercial mortgage team at Janover Capital LLC. Say whether you are assuming, refinancing or adding a supplemental loan, and we will give you a preliminary read on what a HUD lender is likely to need. Any terms come from the lender.

Janover Capital LLC is not HUD, FHA or the lender on this loan, and is not affiliated with or endorsed by either. The loan figures on this page come from HUD's public file and are not an offer of credit.

The deal
You

Goes to the commercial mortgage desk at Janover Capital LLC, not to HUD. Prefer email? hello@hudmultifamily.loan

Other HUD-insured loans in Boston

All 132 in Boston

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Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Street address from HUD's Insured Multifamily Properties map layer. Rates and balances are as HUD reports them; if HUD's file is wrong, this page is too. How we use the data.