| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 07/01/2043 |
| State | MI |
| Name | SHADY OAKS APTS C/O STRATFORD GROUP |
| Address | |
| Address 2 | |
| Address 3 | |
| City | HARRISON |
| Zip Code | 48625 |
| Total Units | 36 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | STRATFORD GROUP |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 3 |
| Rental Assistance Units | 32 |
| Year Restrictive Clause Expires | 2043 |
| Borrower Name | OAK LIMITED PARTNERSHIP I |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ALPENA, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1992 |
| Interest Rate At Loan Closing % | 7.25 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 7298 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2043 |
| Loan Payoff Year | 2043 |
| Estimated Property Exit Year | 2043 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 0 |
| Latitude | 44.016895 |
| Longitude | -84.81198 |
| Borrower Id | 215987236 |
| Date Of Operation | 07/01/1993 |
| Tax Credit Expires | 03/29/2024 |
| Property Key | |
| State County Fips Code |
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Cathy Watkins says:
"I’m just glad I could find Affordable Housing Online. If I can find a low-income rental, I can see retirement."