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THE SPRINGS APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 12/23/2051
State MI
Name THE SPRINGS APARTMENTS
Address
Address 2
Address 3
City BELDING
Zip Code 48809
Total Units 72
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name RED OAK MANAGEMENT
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 5
Vacant Units 4
Rental Assistance Units 55
Year Restrictive Clause Expires 2051
Borrower Name TRUVERSE BELDING LIMITED DIVIDEND HOUSING ASSOCIAT
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State CEDAR SPRINGS, MI
Data As-of Date
Fy Of Loan Obligation 1995
Interest Rate At Loan Closing % 2.5
Loan Amt
Balloon? TRUE
Remaining Term Days 17464
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2051
Loan Payoff Year 2071
Estimated Property Exit Year 2051
Project Number
Project Id 01
Project Check Digit 0
Latitude 43.099675
Longitude -85.246554
Borrower Id 530551959
Date Of Operation 12/23/1997
Tax Credit Expires 06/21/2036
Property Key
State County Fips Code