| 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 |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Ivette Betancourt says:
"Affordable Housing Online is a helpful website that can benefit many families looking for a decent affordable home."