| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 06/20/2042 |
| State | MI |
| Name | LEXINGTON WOODS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | CEDAR SPRINGS |
| Zip Code | 49319 |
| Total Units | 16 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | GARDNER MANAGEMENT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 1 |
| Vacant Units | 2 |
| Rental Assistance Units | 16 |
| Year Restrictive Clause Expires | 2042 |
| Borrower Name | LEXINGTON WOODS 2011 LLC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | OAK PARK, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 2011 |
| Interest Rate At Loan Closing % | 3.12 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 10726 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2042 |
| Loan Payoff Year | 2052 |
| Estimated Property Exit Year | 2042 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 3 |
| Latitude | 43.21655 |
| Longitude | -85.554077 |
| Borrower Id | 163743177 |
| Date Of Operation | 06/20/1972 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Hope Brown says:
"I share the listings on Affordable Housing Online with my friends and family as much as I can. The website is easy to navigate and is set up so anyone can explore it."