| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/27/2024 |
| State | MI |
| Name | BIRCH LAKE APTS C/O KMG PRESTIGE |
| Address | |
| Address 2 | |
| Address 3 | |
| City | LUDINGTON |
| Zip Code | 49431 |
| Total Units | 48 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | KMG PRESTIGE INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 38 |
| Year Restrictive Clause Expires | 2028 |
| Borrower Name | BIRCH LAKE APTS LUDINGTON 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 % | 8.75 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 517 |
| Orig Loan Term | 35 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2024 |
| Loan Payoff Year | 2024 |
| Estimated Property Exit Year | 2024 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 3 |
| Latitude | 43.963333 |
| Longitude | -86.434133 |
| Borrower Id | 357951809 |
| Date Of Operation | 12/27/1989 |
| Tax Credit Expires | 02/28/2028 |
| Property Key | |
| State County Fips Code |
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Monica Blackwell says:
"I love this website, it keeps me informed and makes it easy to find what I need. Thank you Affordable Housing Online!"