| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 01/24/2043 |
| State | MD |
| Name | NEW HORIZONS APTS. |
| Address | |
| Address 2 | |
| Address 3 | |
| City | CAMBRIDGE |
| Zip Code | 21613 |
| Total Units | 32 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | TM ASSOCIATES MANAGEMENT, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 2 |
| Rental Assistance Units | 32 |
| Year Restrictive Clause Expires | 2044 |
| Borrower Name | CAMBRIDGE APTS LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ROCKVILLE, MD |
| Data As-of Date | |
| Fy Of Loan Obligation | 1993 |
| Interest Rate At Loan Closing % | 6.5 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 7488 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2044 |
| Loan Payoff Year | 2043 |
| Estimated Property Exit Year | 2043 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 7 |
| Latitude | 38.568337 |
| Longitude | -76.077783 |
| Borrower Id | 994804093 |
| Date Of Operation | 01/24/1994 |
| Tax Credit Expires | 01/20/2009 |
| Property Key | |
| State County Fips Code |
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Dawn Cournoyer says:
"Affordable Housing Online is a great resource! The site gives people a great place to search for housing list openings."
