| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/18/2028 |
| State | NM |
| Name | SOMMERSET APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | RATON |
| Zip Code | 87740 |
| Total Units | 36 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | MONARCH PROPERTIES, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 2 |
| Rental Assistance Units | 33 |
| Year Restrictive Clause Expires | 1998 |
| Borrower Name | RATON ASSOCIATES |
| 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 % | 8 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 1891 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1978 |
| Loan Payoff Year | 2028 |
| Estimated Property Exit Year | 2028 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 5 |
| Latitude | 36.882547 |
| Longitude | -104.442606 |
| Borrower Id | 739819907 |
| Date Of Operation | 09/18/1978 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Housing options for renters with a criminal record.
A criminal history does not automatically disqualify a renter from federal housing assistance. But more serious offenses may make you inelligible if they were recent.Mary Estrada says:
"As a case manager and housing specialist, Affordable Housing Online has helped me relocate families who are unable to afford rent. Thank you for the great work you do!"