WEST CREEK TERRACE

Db Date 06/30/2023
Estimated Property Exit Date 05/22/2049
State MI
Name WEST CREEK TERRACE
Address
Address 2
Address 3
City MCBAIN
Zip Code 49657
Total Units 20
Rental Type Family
Section 515 Rural Housing
Revitalization Yes
Tax Credit N
Borrower Profit Type
Management Name WATERMARK MANAGEMENT GROUP
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 0
Rental Assistance Units 19
Year Restrictive Clause Expires 2046
Borrower Name WATERMARK II LDHA L
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 2018
Interest Rate At Loan Closing % 3.5
Loan Amt
Balloon? TRUE
Remaining Term Days 16757
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2049
Loan Payoff Year 2069
Estimated Property Exit Year 2049
Project Number
Project Id 02
Project Check Digit 6
Latitude 44.190346
Longitude -85.210396
Borrower Id 176200553
Date Of Operation 05/22/1986
Tax Credit Expires
Property Key
State County Fips Code