COTTAGES AT CHESAPEAKE

Db Date 06/30/2023
Estimated Property Exit Date 01/28/2041
State MD
Name COTTAGES AT CHESAPEAKE
Address
Address 2
Address 3
City ELKTON
Zip Code 21921
Total Units 32
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name CASE EDWARDS MGMT., INC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 0
Rental Assistance Units 27
Year Restrictive Clause Expires 2041
Borrower Name HOMES FOR ELKTON LP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State ANNAPOLIS, MD
Data As-of Date
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 3.25
Loan Amt
Balloon? TRUE
Remaining Term Days 14031
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2041
Loan Payoff Year 2061
Estimated Property Exit Year 2041
Project Number
Project Id 01
Project Check Digit 1
Latitude 39.594028
Longitude -75.818283
Borrower Id 150160742
Date Of Operation 01/28/1987
Tax Credit Expires 12/08/2041
Property Key
State County Fips Code