| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/08/2045 |
| State | MN |
| Name | COTTONWOOD APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | SPICER |
| Zip Code | 56288 |
| Total Units | 24 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | NORTH STAR MANAGEMENT, LLC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 4 |
| Rental Assistance Units | 21 |
| Year Restrictive Clause Expires | 2045 |
| Borrower Name | COTTONWOOD LTD PTN |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | DULUTH, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1995 |
| Interest Rate At Loan Closing % | 7.5 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 8182 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2045 |
| Loan Payoff Year | 2045 |
| Estimated Property Exit Year | 2045 |
| Project Number | |
| Project Id | 02 |
| Project Check Digit | 2 |
| Latitude | 45.234347 |
| Longitude | -94.943587 |
| Borrower Id | 162262979 |
| Date Of Operation | 11/08/1995 |
| Tax Credit Expires | 12/01/2026 |
| 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.Ellie Ruedas says:
"Affordable Housing Online is the best way to keep informed on housing openings."