| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/01/2052 |
| State | MN |
| Name | TOWNEDGE ESTATES |
| Address | |
| Address 2 | |
| Address 3 | |
| City | GAYLORD |
| Zip Code | 55334 |
| Total Units | 16 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | SMR MANAGEMENT, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 1 |
| Vacant Units | 2 |
| Rental Assistance Units | 16 |
| Year Restrictive Clause Expires | 2052 |
| Borrower Name | RD PROPERTIES 2017 LIMITED PARTNERSHIP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | SLAYTON, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 3.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 18236 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2052 |
| Loan Payoff Year | 2073 |
| Estimated Property Exit Year | 2052 |
| Project Number | |
| Project Id | 04 |
| Project Check Digit | 3 |
| Latitude | 44.553373 |
| Longitude | -94.228712 |
| Borrower Id | 578519316 |
| Date Of Operation | 12/01/1990 |
| Tax Credit Expires | 01/01/2038 |
| 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.Kieyanah M Banks says:
"Affordable Housing Online helps people to know what to apply for when looking for help on rent."
