| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 02/22/2036 |
| State | MI |
| Name | HOUGHTON HEIGHTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | HOUGHTON LAKE |
| Zip Code | 48629 |
| Total Units | 48 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | KMG PRESTIGE INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 4 |
| Vacant Units | 1 |
| Rental Assistance Units | 45 |
| Year Restrictive Clause Expires | 2036 |
| Borrower Name | HOUGHTON HEIGHTS MANOR-HOUGHTON LAKE |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | NOVI, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 5.75 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 11946 |
| 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 | 8 |
| Latitude | 44.327454 |
| Longitude | -84.781593 |
| Borrower Id | 252025375 |
| Date Of Operation | 02/22/1980 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Gordon Gross says:
"The best feature of Affordable Housing Online is being notified by email when a waiting list opens, or is scheduled to do so. I'm very grateful for this website's services."