TIMBERLAND TERRACE APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 03/23/2030
State LA
Name TIMBERLAND TERRACE APARTMENTS
Address
Address 2
Address 3
City BASTROP
Zip Code 71220
Total Units 32
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name TAC REAL ESTATE, LLC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 5
Vacant Units 1
Rental Assistance Units 32
Year Restrictive Clause Expires 2030
Borrower Name NEW LAND VILLAGE APTS PARTNERSHIP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State SHREVEPORT, LA
Data As-of Date
Fy Of Loan Obligation 1999
Interest Rate At Loan Closing % 6.75
Loan Amt
Balloon? TRUE
Remaining Term Days 9749
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2030
Loan Payoff Year 2050
Estimated Property Exit Year 2030
Project Number
Project Id 01
Project Check Digit 7
Latitude 32.788338
Longitude -91.925415
Borrower Id 602024238
Date Of Operation 03/23/2000
Tax Credit Expires 12/31/2011
Property Key
State County Fips Code