| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/24/2035 |
| State | LA |
| Name | MIKE I APARTMENTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MARION |
| Zip Code | 71260 |
| Total Units | 24 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | Yes |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | J. M. PROPERTY MGMT, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 2 |
| Rental Assistance Units | 24 |
| Year Restrictive Clause Expires | 2027 |
| Borrower Name | MARION AFFORDABLE HOUSING PARTNERS LLC |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | RUSTON, LA |
| Data As-of Date | |
| Fy Of Loan Obligation | 2007 |
| Interest Rate At Loan Closing % | 11.88 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 4473 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1985 |
| Loan Payoff Year | 2035 |
| Estimated Property Exit Year | 2035 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 4 |
| Latitude | 32.901722 |
| Longitude | -92.249833 |
| Borrower Id | 357932510 |
| Date Of Operation | 09/24/1985 |
| Tax Credit Expires | 10/24/2023 |
| 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.Roxana Gonzales says:
"Affordable Housing Online is very easy to navigate, thank you for providing us with all of this information!"