| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 03/23/2044 |
| State | MI |
| Name | SHOWBOAT MANOR APTS C/O WATERMARK MGT |
| Address | |
| Address 2 | |
| Address 3 | |
| City | CHESANING |
| Zip Code | 48616 |
| Total Units | 26 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | WATERMARK MANAGEMENT GROUP |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 23 |
| Year Restrictive Clause Expires | 2044 |
| Borrower Name | TJ SHOWBOAT MANOR LDHA LP |
| 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 | 1992 |
| Interest Rate At Loan Closing % | 3.75 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 14937 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2044 |
| Loan Payoff Year | 2064 |
| Estimated Property Exit Year | 2044 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 6 |
| Latitude | 43.178736 |
| Longitude | -84.123477 |
| Borrower Id | 340187137 |
| Date Of Operation | 03/23/1993 |
| Tax Credit Expires | 05/27/2044 |
| Property Key | |
| State County Fips Code |
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"