| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 03/05/2040 |
| State | NC |
| Name | LAKE RUN APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | ANGIER |
| Zip Code | 27501 |
| Total Units | 18 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | FORMOSA MANAGEMENT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 17 |
| Year Restrictive Clause Expires | 2040 |
| Borrower Name | FORMOSA LAKE RUN, LLC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | WALLACE, NC |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 4.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 13526 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2040 |
| Loan Payoff Year | 2060 |
| Estimated Property Exit Year | 2040 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 0 |
| Latitude | 35.511904 |
| Longitude | -78.736515 |
| Borrower Id | 005455201 |
| Date Of Operation | 03/05/1982 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Francine Harris says:
"I like Affordable Housing Online because it directs you to a variety of housing authorities. I recommend this website to anyone looking for affordable housing."