| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/23/2042 |
| State | IL |
| Name | VILLA RIDGE II |
| Address | |
| Address 2 | |
| Address 3 | |
| City | WATSEKA |
| Zip Code | 60970 |
| Total Units | 18 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | ROBERT COTTINGHAM PROPERTY MGMT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 4 |
| Rental Assistance Units | 14 |
| Year Restrictive Clause Expires | 2042 |
| Borrower Name | MIDWEST INVESTMENTS |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | SANTA BARBARA, CA |
| Data As-of Date | |
| Fy Of Loan Obligation | 1992 |
| Interest Rate At Loan Closing % | 7.75 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 7059 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2042 |
| Loan Payoff Year | 2042 |
| Estimated Property Exit Year | 2042 |
| Project Number | |
| Project Id | 02 |
| Project Check Digit | 7 |
| Latitude | 40.782682 |
| Longitude | -87.720587 |
| Borrower Id | 844659912 |
| Date Of Operation | 12/23/1992 |
| Tax Credit Expires | 12/31/2021 |
| Property Key | |
| State County Fips Code |
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."