DECATUR DOWNS

Db Date 06/30/2023
Estimated Property Exit Date 03/29/2047
State MI
Name DECATUR DOWNS
Address
Address 2
Address 3
City DECATUR
Zip Code 49045
Total Units 48
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name TM ASSOCIATES MANAGEMENT, INC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 4
Vacant Units 2
Rental Assistance Units 36
Year Restrictive Clause Expires 2047
Borrower Name DECATUR DOWNS
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State ROCKVILLE, MD
Data As-of Date
Fy Of Loan Obligation 1996
Interest Rate At Loan Closing % 3.25
Loan Amt
Balloon? TRUE
Remaining Term Days 16102
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2047
Loan Payoff Year 2067
Estimated Property Exit Year 2047
Project Number
Project Id 01
Project Check Digit 4
Latitude 42.113587
Longitude -85.968075
Borrower Id 180177990
Date Of Operation 03/29/1979
Tax Credit Expires 08/24/2047
Property Key
State County Fips Code