| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/02/2028 |
| State | NM |
| Name | POLK AVENUE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | LOVINGTON |
| Zip Code | 88260 |
| Total Units | 52 |
| Rental Type | Elderly |
| 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 | 4 |
| Vacant Units | 0 |
| Rental Assistance Units | 0 |
| Year Restrictive Clause Expires | 2000 |
| Borrower Name | POLK AVENUE ASSOC LTD PARTNERSHIP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ALBUQUERQUE, NM |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 6.12 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 9266 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2028 |
| Loan Payoff Year | 2048 |
| Estimated Property Exit Year | 2028 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 32.958399 |
| Longitude | -103.351388 |
| Borrower Id | 544884179 |
| Date Of Operation | 12/02/1998 |
| Tax Credit Expires | 01/01/2015 |
| Property Key | |
| State County Fips Code |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Sabrina Roberts says:
"Affordable Housing Online is a wonderful resource that will assist an enormous amount of people."