| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 08/12/2039 |
| State | NC |
| Name | WOOD CREEK APTS. |
| Address | |
| Address 2 | |
| Address 3 | |
| City | SHELBY |
| Zip Code | 28152 |
| Total Units | 24 |
| Rental Type | Elderly |
| 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 | 0 |
| Rental Assistance Units | 24 |
| Year Restrictive Clause Expires | 2043 |
| Borrower Name | WOOD CREEK ASSOC OF BOILING SPRINGS NC |
| 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 | 1992 |
| Interest Rate At Loan Closing % | 7.25 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 5853 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2043 |
| Loan Payoff Year | 2039 |
| Estimated Property Exit Year | 2039 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 4 |
| Latitude | 35.251672 |
| Longitude | -81.678351 |
| Borrower Id | 894579918 |
| Date Of Operation | 08/12/1993 |
| Tax Credit Expires | 01/01/2008 |
| Property Key | |
| State County Fips Code |
Housing options for families with immigrants.
If the head of household is a citizen or eligible immigrant, you can still qualify for HUD programs with a citizenship requirement.Cathy Watkins says:
"I’m just glad I could find Affordable Housing Online. If I can find a low-income rental, I can see retirement."