| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 08/10/2037 |
| State | MN |
| Name | NORTH PLACE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | HUTCHINSON |
| Zip Code | 55350 |
| Total Units | 23 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | KORNGIEBEL PROPERTIES |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 3 |
| Rental Assistance Units | 17 |
| Year Restrictive Clause Expires | 2005 |
| Borrower Name | SOUTH PLACE ASSOC |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | HUTCHINSON, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 8.5 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 5138 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1987 |
| Loan Payoff Year | 2037 |
| Estimated Property Exit Year | 2037 |
| Project Number | |
| Project Id | 02 |
| Project Check Digit | 5 |
| Latitude | 44.904697 |
| Longitude | -94.432785 |
| Borrower Id | 440692166 |
| Date Of Operation | 08/10/1987 |
| 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").Kathy Bleser says:
"I was prepared to relocate for a Section 8 voucher, but this website alerted me to a waiting list opening in my own city. Within six months, I had a voucher! Thank you Affordable Housing Online!"