MAGNOLIA PROP. 2

Db Date 06/30/2023
Estimated Property Exit Date 01/18/2040
State IL
Name MAGNOLIA PROP. 2
Address
Address 2
Address 3
City NEWTON
Zip Code 62445
Total Units 28
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name MAROON DEVELOPMENT, INC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 4
Rental Assistance Units 27
Year Restrictive Clause Expires 2030
Borrower Name MAGNOLIA PROPERTIES L.P.
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State SHELBYVILLE, IL
Data As-of Date
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 4
Loan Amt
Balloon? TRUE
Remaining Term Days 9968
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2040
Loan Payoff Year 2050
Estimated Property Exit Year 2040
Project Number
Project Id 05
Project Check Digit 2
Latitude 38.975975
Longitude -88.154505
Borrower Id 256029654
Date Of Operation 01/18/1980
Tax Credit Expires 11/09/2040
Property Key
State County Fips Code