| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 08/25/2047 |
| State | PR |
| Name | LARES GARDENS APARTMENTS II |
| Address | |
| Address 2 | |
| Address 3 | |
| City | LARES |
| Zip Code | 669 |
| Total Units | 30 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | GR MANAGEMENT CORPORATION |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 0 |
| Rental Assistance Units | 30 |
| Year Restrictive Clause Expires | 2047 |
| Borrower Name | LARES APT LP II |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | SAN JUAN, PR |
| Data As-of Date | |
| Fy Of Loan Obligation | 1996 |
| Interest Rate At Loan Closing % | 7.25 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 8786 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2047 |
| Loan Payoff Year | 2047 |
| Estimated Property Exit Year | 2047 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 7 |
| Latitude | 18.29509 |
| Longitude | -66.880821 |
| Borrower Id | 531209425 |
| Date Of Operation | 08/25/1997 |
| Tax Credit Expires | 09/01/2014 |
| Property Key | |
| State County Fips Code |
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."