| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 08/07/2042 |
| State | IL |
| Name | CYPRESS PROPERTIES |
| Address | |
| Address 2 | |
| Address 3 | |
| City | CLAYTON |
| Zip Code | 62324 |
| Total Units | 40 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | MAROON DEVELOPMENT, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 12 |
| Rental Assistance Units | 22 |
| Year Restrictive Clause Expires | 2022 |
| Borrower Name | CYPRESS PROPERTIES, LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | GERMANTOWN, TN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 3.12 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 14365 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2042 |
| Loan Payoff Year | 2062 |
| Estimated Property Exit Year | 2042 |
| Project Number | |
| Project Id | 04 |
| Project Check Digit | 7 |
| Latitude | 40.028168 |
| Longitude | -90.960507 |
| Borrower Id | 093128290 |
| Date Of Operation | 08/07/1983 |
| Tax Credit Expires | 12/31/2030 |
| Property Key | |
| State County Fips Code |
Preferences are not a requirement.
You should still consider applying to waiting lists with preferences you don't qualify for. There is still a chance to get housing.Eileen Savarese says:
"Affordable Housing Online has great information constantly coming in."