LANTERN LANE APTS

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
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