NEW HORIZONS APTS

Db Date 06/30/2023
Estimated Property Exit Date 10/22/2029
State NC
Name NEW HORIZONS APTS
Address
Address 2
Address 3
City WASHINGTON
Zip Code 27889
Total Units 24
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 2
Vacant Units 0
Rental Assistance Units 24
Year Restrictive Clause Expires 2029
Borrower Name NEW HORIZONS APTS 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 1996
Interest Rate At Loan Closing % 7.25
Loan Amt
Balloon? TRUE
Remaining Term Days 9576
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2029
Loan Payoff Year 2049
Estimated Property Exit Year 2029
Project Number
Project Id 01
Project Check Digit 1
Latitude 35.556226
Longitude -77.065012
Borrower Id 511303656
Date Of Operation 10/22/1999
Tax Credit Expires 06/29/2014
Property Key
State County Fips Code