| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 05/13/2042 |
| State | MN |
| Name | RIDGECREST APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | PELICAN RAPIDS |
| Zip Code | 56572 |
| Total Units | 16 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | PELICAN HOUSING LP |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 1 |
| Vacant Units | 0 |
| Rental Assistance Units | 9 |
| Year Restrictive Clause Expires | 2042 |
| Borrower Name | PELICAN HOUSING LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | PELICAN RAPIDS, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1992 |
| Interest Rate At Loan Closing % | 8.25 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 6851 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2042 |
| Loan Payoff Year | 2042 |
| Estimated Property Exit Year | 2042 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 1 |
| Latitude | 46.559467 |
| Longitude | -96.080261 |
| Borrower Id | 304289431 |
| Date Of Operation | 05/13/1992 |
| Tax Credit Expires | 12/31/2023 |
| 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.Sabrina Roberts says:
"Affordable Housing Online is a wonderful resource that will assist an enormous amount of people."