NORTHWOOD ESTATES

Db Date 06/30/2023
Estimated Property Exit Date 02/17/2049
State MI
Name NORTHWOOD ESTATES
Address
Address 2
Address 3
City IRONWOOD
Zip Code 49935
Total Units 48
Rental Type Family
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 0
Vacant Units 7
Rental Assistance Units 37
Year Restrictive Clause Expires 2049
Borrower Name MILL TRACE 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
Loan Amt
Balloon? TRUE
Remaining Term Days 16912
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2049
Loan Payoff Year 2069
Estimated Property Exit Year 2049
Project Number
Project Id 01
Project Check Digit 3
Latitude 46.490805
Longitude -90.155275
Borrower Id 847149547
Date Of Operation 02/17/1984
Tax Credit Expires 01/01/2041
Property Key
State County Fips Code