| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/16/2036 |
| State | AL |
| Name | HOUNDS RUN APARTMENTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | THEODORE |
| Zip Code | 36582 |
| Total Units | 188 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | APARTMENT SERVICES & MANAGEMENT, |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 10 |
| Vacant Units | 2 |
| Rental Assistance Units | 87 |
| Year Restrictive Clause Expires | 2006 |
| Borrower Name | HOUNDS RUN APARTMENT HOMES LLC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | AUBURN, AL |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 9.5 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 4895 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1986 |
| Loan Payoff Year | 2036 |
| Estimated Property Exit Year | 2036 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 5 |
| Latitude | 30.566227 |
| Longitude | -88.203407 |
| Borrower Id | 005813391 |
| Date Of Operation | 12/16/1986 |
| Tax Credit Expires | 12/23/2028 |
| Property Key | |
| State County Fips Code |
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"