| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 10/19/2039 |
| State | NC |
| Name | LANTERN LANE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | RAEFORD |
| Zip Code | 28376 |
| Total Units | 48 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | PENDERGRAPH MANAGEMENT, LLC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 3 |
| Vacant Units | 6 |
| Rental Assistance Units | 48 |
| Year Restrictive Clause Expires | 2038 |
| Borrower Name | LANTERN LANE, LLC |
| 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 % | 5 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 9263 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2039 |
| Loan Payoff Year | 2050 |
| Estimated Property Exit Year | 2039 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 6 |
| Latitude | 34.969144 |
| Longitude | -79.226388 |
| Borrower Id | 244501362 |
| Date Of Operation | 10/19/1984 |
| Tax Credit Expires | 10/28/2023 |
| 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.Candice Bishop says:
"I love that I can get emails from Affordable Housing Online, letting me know when there are more waiting list openings. Thank you!"