HUD-insured apartment loans in Gary, IN
10 properties in Gary with 2,128 units have FHA-insured mortgages, owing $64.0 million in all. The median note rate is 3.725%; the lowest is 2.23% at Concord Commons.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Concord Commons | 354 | 2.23% | $14.0 million | 2056 |
| Woodlake Village | 498 | 2.23% | $19.5 million | 2056 |
| Park Shore Commons | 246 | 2.75% | $12.5 million | 2054 |
| Gary Nsa III | 222 | 2.97% | $1.7 million | 2037 |
| Horace Mann Hope VI Developmen | 123 | 3.45% | $1.9 million | 2052 |
| Willows on Clark Road | 202 | 4% | $3.0 million | 2046 |
| Small Farms | 200 | 4.02% | $7.0 million | 2053 |
| Homewood Village | 92 | 4.48% | $1.1 million | 2053 |
| Duneland Village | 131 | 4.75% | $2.8 million | 2051 |
| Lancaster Apartments | 60 | 5.75% | $372,368 | 2044 |
Most-active servicers here: Merchants Capital Corp. (3), Gershman Investment Corp (2), Jll Real Estate Capital, LLC (2).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Gary?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.