| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 07/29/2027 |
| State | IL |
| Name | VILLAGE GREEN MT MORRIS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MT. MORRIS |
| Zip Code | 61054 |
| Total Units | 16 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | JAKKS MANAGEMENT , INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 0 |
| Rental Assistance Units | 13 |
| Year Restrictive Clause Expires | 2027 |
| Borrower Name | STAR-VLG GREEN LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ROCKFORD, IL |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 9 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 1460 |
| Orig Loan Term | 18.50137 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2027 |
| Loan Payoff Year | 2027 |
| Estimated Property Exit Year | 2027 |
| Project Number | |
| Project Id | 03 |
| Project Check Digit | 8 |
| Latitude | 42.051914 |
| Longitude | -89.44001 |
| Borrower Id | 880355404 |
| Date Of Operation | 07/29/1977 |
| Tax Credit Expires | 12/31/2038 |
| Property Key | |
| State County Fips Code |
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Cathy Watkins says:
"I’m just glad I could find Affordable Housing Online. If I can find a low-income rental, I can see retirement."