| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 08/12/2052 |
| State | CA |
| Name | VALLEY TERRACE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | CORNING |
| Zip Code | 96021 |
| Total Units | 48 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | FPI MANAGEMENT, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 4 |
| Vacant Units | 0 |
| Rental Assistance Units | 0 |
| Year Restrictive Clause Expires | 2052 |
| Borrower Name | HPD VALLEY TERRACE II LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | MONROVIA, CA |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 2.5 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 17797 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2052 |
| Loan Payoff Year | 2072 |
| Estimated Property Exit Year | 2052 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 7 |
| Latitude | 39.925846 |
| Longitude | -122.192908 |
| Borrower Id | 702127160 |
| Date Of Operation | 08/12/1982 |
| Tax Credit Expires | 04/26/2037 |
| Property Key | |
| State County Fips Code |
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."