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HOUGHTON LAKE TIMBER APTS

Db Date 06/30/2023
Estimated Property Exit Date 01/14/2034
State MI
Name HOUGHTON LAKE TIMBER APTS
Address
Address 2
Address 3
City HOUGHTON LAKE
Zip Code 48629
Total Units 24
Rental Type Family
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 1
Rental Assistance Units 20
Year Restrictive Clause Expires 2034
Borrower Name HOUGHTON LAKE TIMBER LTD PTNRSP
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 % 5.75
Loan Amt
Balloon? TRUE
Remaining Term Days 11369
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2034
Loan Payoff Year 2054
Estimated Property Exit Year 2034
Project Number
Project Id 01
Project Check Digit 8
Latitude 44.298266
Longitude -84.697334
Borrower Id 268683910
Date Of Operation 01/14/1988
Tax Credit Expires 09/01/2019
Property Key
State County Fips Code