| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 07/31/2032 |
| State | MI |
| Name | PARKSIDE APTS KMG PRESTIGE, INC. |
| Address | |
| Address 2 | |
| Address 3 | |
| City | COLEMAN |
| Zip Code | 48618 |
| Total Units | 40 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | KMG PRESTIGE INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 0 |
| Rental Assistance Units | 37 |
| Year Restrictive Clause Expires | 2022 |
| Borrower Name | PARKSIDE APTS.- COLEMAN LDHA LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | MT PLEASANT, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 6.75 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 10604 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2032 |
| Loan Payoff Year | 2052 |
| Estimated Property Exit Year | 2032 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 7 |
| Latitude | 43.759438 |
| Longitude | -84.583788 |
| Borrower Id | 156995652 |
| Date Of Operation | 07/31/2002 |
| Tax Credit Expires | 01/16/2018 |
| 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.Kathy Bleser says:
"I was prepared to relocate for a Section 8 voucher, but this website alerted me to a waiting list opening in my own city. Within six months, I had a voucher! Thank you Affordable Housing Online!"