| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/05/2047 |
| State | MI |
| Name | OAK HILLS APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | IONIA |
| Zip Code | 48846 |
| Total Units | 24 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | WATERMARK MANAGEMENT GROUP |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 3 |
| Vacant Units | 0 |
| Rental Assistance Units | 24 |
| Year Restrictive Clause Expires | 2047 |
| Borrower Name | TJ OAK HILL LDHA LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | LANSING, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 3.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 15920 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2047 |
| Loan Payoff Year | 2067 |
| Estimated Property Exit Year | 2047 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 42.991415 |
| Longitude | -85.045523 |
| Borrower Id | 078898314 |
| Date Of Operation | 09/05/1990 |
| Tax Credit Expires | 02/28/2047 |
| Property Key | |
| State County Fips Code |
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Courtney Cannon Scott says:
"Affordable Housing Online is a very good, comprehensive resource for finding affordable housing in the U.S. and its territories!"