| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 10/21/2041 |
| State | IA |
| Name | CYPRESS POINTE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | EMMETSBURG |
| Zip Code | 50536 |
| Total Units | 92 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | CARLSON PROPERTY HOLDINGS & MGMT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 5 |
| Vacant Units | 17 |
| Rental Assistance Units | 85 |
| Year Restrictive Clause Expires | 2041 |
| Borrower Name | RD PRESERVATION III |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | SPENCER, IA |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 4.5 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 13718 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2041 |
| Loan Payoff Year | 2061 |
| Estimated Property Exit Year | 2041 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 0 |
| Latitude | 43.12179 |
| Longitude | -94.68704 |
| Borrower Id | 469374237 |
| Date Of Operation | 10/21/1976 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"