| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 02/21/2036 |
| State | NC |
| Name | DREXEL APARTMENTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | DREXEL |
| Zip Code | 28619 |
| Total Units | 40 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | GREAT WESTERN MANAGEMENT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 0 |
| Rental Assistance Units | 15 |
| Year Restrictive Clause Expires | 2043 |
| Borrower Name | DREXEL ASSOCIATESLP |
| 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 % | 11.88 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 4595 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1986 |
| Loan Payoff Year | 2036 |
| Estimated Property Exit Year | 2036 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 1 |
| Latitude | 35.689014 |
| Longitude | -82.016156 |
| Borrower Id | 710278597 |
| Date Of Operation | 02/21/1986 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Kieyanah M Banks says:
"Affordable Housing Online helps people to know what to apply for when looking for help on rent."