| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/12/2035 |
| State | MI |
| Name | PINECREST APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | ALPENA, |
| Zip Code | 49707 |
| Total Units | 44 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | KMG PRESTIGE INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 3 |
| Rental Assistance Units | 26 |
| Year Restrictive Clause Expires | 2005 |
| Borrower Name | PINECREST LDHA LTD |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | LANSING, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| 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 | 3 |
| Latitude | 45.077357 |
| Longitude | -83.464747 |
| Borrower Id | 069386067 |
| Date Of Operation | 09/12/1985 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Preferences are not a requirement.
You should still consider applying to waiting lists with preferences you don't qualify for. There is still a chance to get housing.Rufus W. Bailey says:
"Affordable Housing Online is very effective and useful, and helpful."