| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/01/2051 |
| State | MI |
| Name | MEADOW RIDGE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MARLETTE |
| Zip Code | 48453 |
| Total Units | 24 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | GLD MANAGEMENT COMPANY |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 0 |
| Rental Assistance Units | 22 |
| Year Restrictive Clause Expires | 2051 |
| Borrower Name | MARLETTE APARTMENTS LDHA LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | GLADWIN, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 2.5 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 17555 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2051 |
| Loan Payoff Year | 2071 |
| Estimated Property Exit Year | 2051 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 1 |
| Latitude | 43.320082 |
| Longitude | -83.06924 |
| Borrower Id | 625903469 |
| Date Of Operation | 11/01/1991 |
| Tax Credit Expires | 09/10/2041 |
| Property Key | |
| State County Fips Code |
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Monica Blackwell says:
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