| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 02/23/2037 |
| State | NC |
| Name | THE HIGHLANDS APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | FOREST CITY |
| Zip Code | 28043 |
| Total Units | 44 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | Yes |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | MORROW REALTY COMPANY, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 4 |
| Rental Assistance Units | 14 |
| Year Restrictive Clause Expires | 2037 |
| Borrower Name | FOREST CITY II HOUSING, LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | TUSCALOOSA, AL |
| Data As-of Date | |
| Fy Of Loan Obligation | 2008 |
| Interest Rate At Loan Closing % | 9 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 4988 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1987 |
| Loan Payoff Year | 2037 |
| Estimated Property Exit Year | 2037 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 7 |
| Latitude | 35.331757 |
| Longitude | -81.883736 |
| Borrower Id | 462154288 |
| Date Of Operation | 02/23/1987 |
| Tax Credit Expires | 02/23/2037 |
| Property Key | |
| State County Fips Code |
Only submit truthful information.
Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.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!"