| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/11/2040 |
| State | NC |
| Name | CARDINAL POINTE |
| Address | |
| Address 2 | |
| Address 3 | |
| City | AYDEN |
| Zip Code | 28513 |
| Total Units | 24 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | BRANTLEY PROPERTIES, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 0 |
| Rental Assistance Units | 23 |
| Year Restrictive Clause Expires | 2040 |
| Borrower Name | CARDINAL POINTE LP, A N.C. LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | RALEIGH, NC |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 9 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 6357 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2040 |
| Loan Payoff Year | 2040 |
| Estimated Property Exit Year | 2040 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 35.475529 |
| Longitude | -77.429138 |
| Borrower Id | 864043016 |
| Date Of Operation | 12/11/1990 |
| Tax Credit Expires | 12/06/2005 |
| Property Key | |
| State County Fips Code |
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.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."