| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 04/08/2031 |
| State | MN |
| Name | HILLCREST APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | LORETTO |
| Zip Code | 55357 |
| Total Units | 25 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | SMR MANAGEMENT, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 22 |
| Year Restrictive Clause Expires | 2032 |
| Borrower Name | |
| Borrower Type | Individual |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 13.25 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 2962 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1982 |
| Loan Payoff Year | 2031 |
| Estimated Property Exit Year | 2031 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 3 |
| Latitude | 45.05566 |
| Longitude | -93.633807 |
| Borrower Id | 483638564 |
| Date Of Operation | 04/08/1982 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."
