Db Date | 06/30/2023 |
Estimated Property Exit Date | 08/22/2044 |
State | MI |
Name | WASHINGTON MANOR |
Address | |
Address 2 | |
Address 3 | |
City | OTSEGO |
Zip Code | 49078 |
Total Units | 12 |
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 | 1 |
Vacant Units | 0 |
Rental Assistance Units | 11 |
Year Restrictive Clause Expires | 2013 |
Borrower Name | WASHINGTON MANOR LDHALP |
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 % | 6.5 |
Loan Amt | |
Balloon? | FALSE |
Remaining Term Days | 7549 |
Orig Loan Term | 50 |
Prepay Eligible | |
Prepay Eligible Date Yr | 2044 |
Loan Payoff Year | 2044 |
Estimated Property Exit Year | 2044 |
Project Number | |
Project Id | 01 |
Project Check Digit | 8 |
Latitude | 42.453905 |
Longitude | -85.704737 |
Borrower Id | 058039574 |
Date Of Operation | 08/22/1975 |
Tax Credit Expires | 02/28/2029 |
Property Key | |
State County Fips Code |
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"