CHARTERS COVE APT

Db Date 06/30/2023
Estimated Property Exit Date 07/19/2042
State MI
Name CHARTERS COVE APT
Address
Address 2
Address 3
City ST IGNACE
Zip Code 49781
Total Units 24
Rental Type Elderly
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 1
Vacant Units 0
Rental Assistance Units 24
Year Restrictive Clause Expires 2042
Borrower Name CHARTERS COVE LDHA
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 1991
Interest Rate At Loan Closing % 3.25
Loan Amt
Balloon? TRUE
Remaining Term Days 14153
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2042
Loan Payoff Year 2062
Estimated Property Exit Year 2042
Project Number
Project Id 01
Project Check Digit 5
Latitude 45.855922
Longitude -84.71515
Borrower Id 224872414
Date Of Operation 07/19/1988
Tax Credit Expires 04/23/2027
Property Key
State County Fips Code