| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/01/2032 |
| State | NC |
| Name | MORGAN HILLS APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MORGANTON |
| Zip Code | 28655 |
| Total Units | 48 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | GEM MANAGEMENT LLC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 46 |
| Year Restrictive Clause Expires | 2021 |
| Borrower Name | MORGAN HILLS LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | CHARLOTTE, NC |
| Data As-of Date | |
| Fy Of Loan Obligation | 2001 |
| Interest Rate At Loan Closing % | 6.75 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 10636 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2032 |
| Loan Payoff Year | 2052 |
| Estimated Property Exit Year | 2032 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 35.723398 |
| Longitude | -81.746719 |
| Borrower Id | 785893771 |
| Date Of Operation | 11/01/2001 |
| Tax Credit Expires | 08/01/2032 |
| Property Key | |
| State County Fips Code |
Do not pay for HUD applications.
It is against the law to charge for Section 8, Public Housing, and other HUD housing applications.Lisa Selby says:
"After years of applying for Section 8 and never being called, this website is the reason I finally received my voucher, and just moved into my new apartment! If I had not started receiving alerts from Affordable Housing Online of waiting list openings in my area, I would not be where I am today!"