| Db Date | 12/31/2020 |
| Estimated Property Exit Date | 8/13/2029 |
| State | IN |
| Name | PINES APARTMENTS OF DEMOTTE |
| Address | 621 CARNATION STREET SE |
| Address 2 | |
| Address 3 | |
| City | DEMOTTE |
| Zip Code | 46310 |
| Total Units | 24 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | Limited Profit |
| Management Name | RJ WELLS MGMT CORP |
| 1 Br | 12 |
| 2 Br | 12 |
| 3 Br | 0 |
| 4 Br | 0 |
| 5 Br | 0 |
| 6 Br | 0 |
| Handicapped Units | 0 |
| Vacant Units | 1 |
| Rental Assistance Units | 8 |
| Year Restrictive Clause Expires | 2005 |
| Borrower Name | PINES APTS DEMOTTE |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | PINES APTS DEMOTTE |
| Borrower Address | % RJ WELLS & ASSOC |
| Borrower Address 3 | 2250 W 86TH STREET |
| Borrower Address 4 | SUITE 200 |
| Borrower City State | INDIANAPOLIS, IN |
| Data As-of Date | 12/31/2020 |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 11.38 |
| Loan Amt | 698622.62 |
| Balloon? | FALSE |
| Remaining Term Days | 3196 |
| Orig Loan Term | 50 |
| Prepay Eligible | TRUE |
| Prepay Eligible Date Yr | 1985 |
| Loan Payoff Year | 2029 |
| Estimated Property Exit Year | 2029 |
| Project Number | 016 |
| Project Id | 01 |
| Project Check Digit | 6 |
| Latitude | 41.197036 |
| Longitude | -87.194444 |
| Borrower Id | 380922790 |
| Date Of Operation | 8/13/1985 |
| Tax Credit Expires | |
| Property Key | 3809227901616 |
| State County Fips Code | 18073 |
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Margaret L. Bost says:
"I'm really happy I found Affordable Housing Online. Thank you so much for helping people with low incomes to be able to achieve their dream."