| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 02/01/2046 |
| State | NC |
| Name | BELLEMONT POINTE APTS, LLC |
| Address | |
| Address 2 | |
| Address 3 | |
| City | PITTSBORO |
| Zip Code | 27312 |
| Total Units | 76 |
| 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 | 8 |
| Vacant Units | 3 |
| Rental Assistance Units | 76 |
| Year Restrictive Clause Expires | 2046 |
| Borrower Name | BELLEMONT POINTE APTS, LLC |
| Borrower Type | Other |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | CARY, NC |
| Data As-of Date | |
| Fy Of Loan Obligation | 2011 |
| Interest Rate At Loan Closing % | 3.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 15524 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2046 |
| Loan Payoff Year | 2065 |
| Estimated Property Exit Year | 2046 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 3 |
| Latitude | 35.7453 |
| Longitude | -79.164406 |
| Borrower Id | 239900493 |
| Date Of Operation | 02/01/2016 |
| Tax Credit Expires | 02/01/2046 |
| Property Key | |
| State County Fips Code |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Joana Warren says:
"Affordable Housing Online is a good place to see which Section 8 waiting lists are open."