| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 04/21/2043 |
| State | LA |
| Name | SOMERSET APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | YOUNGSVILLE |
| Zip Code | 70592 |
| Total Units | 47 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | MORROW REALTY COMPANY, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 4 |
| Vacant Units | 0 |
| Rental Assistance Units | 39 |
| Year Restrictive Clause Expires | 2043 |
| Borrower Name | YOUNGSVILLE II HOUSING, LLLP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | TUSCALOOSA, AL |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 3.12 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 14486 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2043 |
| Loan Payoff Year | 2063 |
| Estimated Property Exit Year | 2043 |
| Project Number | |
| Project Id | 02 |
| Project Check Digit | 2 |
| Latitude | 30.102046 |
| Longitude | -91.995718 |
| Borrower Id | 058885674 |
| Date Of Operation | 04/21/1983 |
| Tax Credit Expires | 06/12/2043 |
| Property Key | |
| State County Fips Code |
Do not pay for HUD applications.
It is against the law to charge for Section 8, Public Housing, and other HUD housing applications.Steve Rubin says:
"Affordable Housing Online is an excellent resource, and an important service for those who need it."