| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 10/20/2036 |
| State | MI |
| Name | OLD MILL RACE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | COLDWATER |
| Zip Code | 49036 |
| Total Units | 48 |
| Rental Type | Family |
| 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 | 4 |
| Vacant Units | 1 |
| Rental Assistance Units | 25 |
| Year Restrictive Clause Expires | 2036 |
| Borrower Name | T J OLD MILLRACE LIMITED PARTNERSHIP |
| 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 % | 6.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 12085 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2036 |
| Loan Payoff Year | 2056 |
| Estimated Property Exit Year | 2036 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 6 |
| Latitude | 41.943906 |
| Longitude | -85.020738 |
| Borrower Id | 092892788 |
| Date Of Operation | 10/20/1983 |
| Tax Credit Expires | 12/31/2021 |
| Property Key | |
| State County Fips Code |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").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."
