| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 08/28/2036 |
| State | MI |
| Name | PARK TERRACE I APTS C/O KMG PRESTIGE |
| Address | |
| Address 2 | |
| Address 3 | |
| City | WILLIAMSTON |
| Zip Code | 48895 |
| Total Units | 48 |
| 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 | 0 |
| Vacant Units | 0 |
| Rental Assistance Units | 42 |
| Year Restrictive Clause Expires | 2036 |
| Borrower Name | PARK TERRACE APT WILLIAMSTON LDHA LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | STERLING, VA |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 6 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 12015 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2036 |
| Loan Payoff Year | 2056 |
| Estimated Property Exit Year | 2036 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 9 |
| Latitude | 42.684662 |
| Longitude | -84.2866 |
| Borrower Id | 260256568 |
| Date Of Operation | 08/28/1978 |
| Tax Credit Expires | 12/31/2050 |
| Property Key | |
| State County Fips Code |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Wilma Dupree says:
"I love getting all the information that I need in one place on Affordable Housing Online."