| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 06/01/2031 |
| State | MN |
| Name | CHERRYWOOD ESTATES |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MABEL |
| Zip Code | 55954 |
| Total Units | 16 |
| Rental Type | Mixed |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | LIFE STYLE, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 1 |
| Vacant Units | 5 |
| Rental Assistance Units | 0 |
| Year Restrictive Clause Expires | 2001 |
| Borrower Name | M & A DEVELOPMENT |
| Borrower Type | General Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | EDEN PRAIRIE, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 2.88 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 3073 |
| Orig Loan Term | 14.917808 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2031 |
| Loan Payoff Year | 2031 |
| Estimated Property Exit Year | 2031 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 5 |
| Latitude | 43.521188 |
| Longitude | -91.775258 |
| Borrower Id | 157854505 |
| Date Of Operation | 06/01/1982 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.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."
