REED CITY APTS

Db Date 06/30/2023
Estimated Property Exit Date 03/14/2049
State MI
Name REED CITY APTS
Address
Address 2
Address 3
City REED CITY
Zip Code 49677
Total Units 64
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name PK HOUSING AND MANAGEMENT CO
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 3
Vacant Units 5
Rental Assistance Units 41
Year Restrictive Clause Expires 2049
Borrower Name PK REED CITY LDHA
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State OKEMOS, MI
Data As-of Date
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 3.5
Loan Amt
Balloon? TRUE
Remaining Term Days 16849
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2049
Loan Payoff Year 2069
Estimated Property Exit Year 2049
Project Number
Project Id 01
Project Check Digit 4
Latitude 43.877206
Longitude -85.516965
Borrower Id 787600835
Date Of Operation 03/14/1989
Tax Credit Expires 07/09/2049
Property Key
State County Fips Code