| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/22/2027 |
| State | MN |
| Name | WELCOME HOUSING |
| Address | |
| Address 2 | |
| Address 3 | |
| City | WELCOME |
| Zip Code | 56181 |
| Total Units | 12 |
| Rental Type | Family |
| 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 | 1 |
| Vacant Units | 1 |
| Rental Assistance Units | 11 |
| Year Restrictive Clause Expires | 2026 |
| Borrower Name | WELCOME HSG INV LLC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | MANKATO, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1997 |
| Interest Rate At Loan Closing % | 7.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 5990 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2027 |
| Loan Payoff Year | 2039 |
| Estimated Property Exit Year | 2027 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 43.66856 |
| Longitude | -94.61855 |
| Borrower Id | 374487231 |
| Date Of Operation | 12/22/1997 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Applying for housing with bad credit.
Most HUD housing programs, like Section 8 and Public Housing, do not have a credit check. But Section 8 landlords will likely require one for an available unit.Michelle Eans says:
"I love Affordable Housing Online because it provides information you normally would not know about."