| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 05/06/2046 |
| State | MI |
| Name | NEW LOTHROP APTS GLD MANAGEMENT CO. |
| Address | |
| Address 2 | |
| Address 3 | |
| City | NEW LOTHROP |
| Zip Code | 48460 |
| Total Units | 16 |
| Rental Type | Family |
| 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 | 16 |
| Year Restrictive Clause Expires | 2046 |
| Borrower Name | NEW LOTHROP COMMONS LIMITED PARTNERSHIP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | DEWITT, MI |
| Data As-of Date | |
| Fy Of Loan Obligation | 1995 |
| Interest Rate At Loan Closing % | 6.75 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 8345 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2046 |
| Loan Payoff Year | 2046 |
| Estimated Property Exit Year | 2046 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 9 |
| Latitude | 43.11678 |
| Longitude | -83.975815 |
| Borrower Id | 399430813 |
| Date Of Operation | 05/06/1996 |
| Tax Credit Expires | 04/15/2011 |
| 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.Theodore Taylor Jr. says:
"Affordable Housing Online is the on website that really helps you get affordable housing."