| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 05/29/2033 |
| State | MI |
| Name | FOREST CREEK APTS C/O STRATFORD GROUP |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MONTROSE |
| Zip Code | 48457 |
| Total Units | 48 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | STRATFORD GROUP |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 4 |
| Rental Assistance Units | 39 |
| Year Restrictive Clause Expires | 2033 |
| Borrower Name | FOREST GLEN LDHA LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ALPENA, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 2000 |
| Interest Rate At Loan Closing % | 6 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 10889 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2033 |
| Loan Payoff Year | 2053 |
| Estimated Property Exit Year | 2033 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 1 |
| Latitude | 43.180048 |
| Longitude | -83.901241 |
| Borrower Id | 466981335 |
| Date Of Operation | 05/29/2003 |
| Tax Credit Expires | 11/06/2033 |
| 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.Bishop Demetres Walker says:
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