| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/23/2041 |
| State | MN |
| Name | FERNDALE ESTATES |
| Address | |
| Address 2 | |
| Address 3 | |
| City | ASKOV |
| Zip Code | 55704 |
| Total Units | 14 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | Yes |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | VAN BINSBERGEN & ASSOC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 1 |
| Rental Assistance Units | 10 |
| Year Restrictive Clause Expires | 2041 |
| Borrower Name | FERNDALE ESTATES INC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ASKOV, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 2009 |
| Interest Rate At Loan Closing % | 4.25 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 6629 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2041 |
| Loan Payoff Year | 2041 |
| Estimated Property Exit Year | 2041 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 2 |
| Latitude | 46.187732 |
| Longitude | -92.776313 |
| Borrower Id | 154280604 |
| Date Of Operation | 09/23/1966 |
| Tax Credit Expires | |
| 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").Rufus W. Bailey says:
"Affordable Housing Online is very effective and useful, and helpful."