| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/01/2032 |
| State | IA |
| Name | VILLA GARDEN APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | FAIRFIELD |
| Zip Code | 52556 |
| Total Units | 24 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | KEYWAY MANAGEMENT COMPANY |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 1 |
| Rental Assistance Units | 22 |
| Year Restrictive Clause Expires | 2008 |
| Borrower Name | VILLA GARDEN ASSOCIATES LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | IOWA CITY, IA |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 9.5 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 3439 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1988 |
| Loan Payoff Year | 2032 |
| Estimated Property Exit Year | 2032 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 40.99408 |
| Longitude | -91.961787 |
| Borrower Id | 407136398 |
| Date Of Operation | 09/01/1988 |
| Tax Credit Expires | 09/01/2003 |
| Property Key | |
| State County Fips Code |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."
