| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 05/04/2038 |
| State | MI |
| Name | ADMIRAL PORTER III C/O MRD, INC |
| Address | |
| Address 2 | |
| Address 3 | |
| City | LEXINGTON |
| Zip Code | 48450 |
| Total Units | 32 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | MRD APARTMENTS |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 19 |
| Year Restrictive Clause Expires | 2044 |
| Borrower Name | ADMIRAL PORTER APTS LP III |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | EAST LANSING, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1992 |
| Interest Rate At Loan Closing % | 7.5 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 5452 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2044 |
| Loan Payoff Year | 2038 |
| Estimated Property Exit Year | 2038 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 9 |
| Latitude | 43.272705 |
| Longitude | -82.535998 |
| Borrower Id | 177265385 |
| Date Of Operation | 05/04/1994 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Margaret L. Bost says:
"I'm really happy I found Affordable Housing Online. Thank you so much for helping people with low incomes to be able to achieve their dream."