| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 10/20/2042 |
| State | NC |
| Name | THE HOMESTEAD APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | ASHEVILLE |
| Zip Code | 28804 |
| Total Units | 32 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | Yes |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | LANDURA MANAGEMENT ASSO LTD |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 1 |
| Rental Assistance Units | 29 |
| Year Restrictive Clause Expires | 2042 |
| Borrower Name | NEW HOMESTEAD APARTMENTS, LLC |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ASHEVILLE, NC |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 3.12 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 14244 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2042 |
| Loan Payoff Year | 2062 |
| Estimated Property Exit Year | 2042 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 35.685257 |
| Longitude | -82.576302 |
| Borrower Id | 419687830 |
| Date Of Operation | 10/20/1983 |
| Tax Credit Expires | 07/17/2042 |
| Property Key | |
| State County Fips Code |
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."