| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/15/2035 |
| State | AL |
| Name | MOUNTAIN OAK APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | COLLINSVILLE |
| Zip Code | 35961 |
| Total Units | 24 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | GEM MANAGEMENT LLC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 0 |
| Rental Assistance Units | 19 |
| Year Restrictive Clause Expires | 2004 |
| Borrower Name | MOUNTAIN OAK L P |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | CHARLOTTE, NC |
| Data As-of Date | |
| Fy Of Loan Obligation | 1994 |
| Interest Rate At Loan Closing % | 8 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 4290 |
| Orig Loan Term | 40 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2035 |
| Loan Payoff Year | 2035 |
| Estimated Property Exit Year | 2035 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 2 |
| Latitude | 34.272332 |
| Longitude | -85.855961 |
| Borrower Id | 836790784 |
| Date Of Operation | 11/15/1994 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Kimberly Leighton says:
"I rely on Affordable Housing Online to keep me aware of housing opportunities that I would otherwise have no clue exist."