| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/10/2050 |
| State | NM |
| Name | SUNRAY LOBO CANYON APARTMENTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | GRANTS |
| Zip Code | 87020 |
| Total Units | 128 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | MONARCH PROPERTIES, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 5 |
| Rental Assistance Units | 125 |
| Year Restrictive Clause Expires | 2050 |
| Borrower Name | SUNRAY LOBO CANYON CIC, LLLP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | CARLSBAD, CA |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 3 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 17033 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2050 |
| Loan Payoff Year | 2070 |
| Estimated Property Exit Year | 2050 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 5 |
| Latitude | 35.1643 |
| Longitude | -107.83149 |
| Borrower Id | 709475387 |
| Date Of Operation | 09/10/1976 |
| Tax Credit Expires | 03/16/2035 |
| 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.La'Velle D Jackson says:
"I’ve had opportunities to apply to states and cities that I never thought of before on Affordable Housing Online. Thank you for your help!"