| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 06/26/2031 |
| State | LA |
| Name | RIVER POINTE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | FRANKLIN |
| Zip Code | 70538 |
| Total Units | 40 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | Yes |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | CMS MANAGEMENT LLC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 3 |
| Rental Assistance Units | 36 |
| Year Restrictive Clause Expires | 2034 |
| Borrower Name | FRANKLIN ASSOCIATES |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | BATON ROUGE, LA |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 10.75 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 3985 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2031 |
| Loan Payoff Year | 2046 |
| Estimated Property Exit Year | 2031 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 1 |
| Latitude | 29.889748 |
| Longitude | -91.684029 |
| Borrower Id | 869307197 |
| Date Of Operation | 06/26/1984 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Francine Harris says:
"I like Affordable Housing Online because it directs you to a variety of housing authorities. I recommend this website to anyone looking for affordable housing."