Db Date | 06/30/2023 |
Estimated Property Exit Date | 12/07/2042 |
State | MI |
Name | PINE MEADOWS |
Address | |
Address 2 | |
Address 3 | |
City | EDMORE |
Zip Code | 48829 |
Total Units | 24 |
Rental Type | Elderly |
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 | 2 |
Vacant Units | 2 |
Rental Assistance Units | 19 |
Year Restrictive Clause Expires | 2042 |
Borrower Name | PINE MEADOWS LIMITED PARTNERSHIP |
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 | 1991 |
Interest Rate At Loan Closing % | 7.75 |
Loan Amt | |
Balloon? | FALSE |
Remaining Term Days | 7067 |
Orig Loan Term | 50 |
Prepay Eligible | |
Prepay Eligible Date Yr | 2042 |
Loan Payoff Year | 2042 |
Estimated Property Exit Year | 2042 |
Project Number | |
Project Id | 01 |
Project Check Digit | 4 |
Latitude | 43.406595 |
Longitude | -85.050455 |
Borrower Id | 496378569 |
Date Of Operation | 12/07/1992 |
Tax Credit Expires | 12/16/2022 |
Property Key | |
State County Fips Code |
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.La'Velle D Jackson says:
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