| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 02/26/2038 |
| State | SC |
| Name | MAGNOLIA PARK APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | ANDREWS |
| Zip Code | 29510 |
| 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 | 3 |
| Vacant Units | 0 |
| Rental Assistance Units | 24 |
| Year Restrictive Clause Expires | 2028 |
| Borrower Name | MAGNOLIA PARK 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 | 2005 |
| Interest Rate At Loan Closing % | 5.38 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 12627 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2038 |
| Loan Payoff Year | 2058 |
| Estimated Property Exit Year | 2038 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 4 |
| Latitude | 33.35386 |
| Longitude | -79.658665 |
| Borrower Id | 294751138 |
| Date Of Operation | 02/26/2008 |
| Tax Credit Expires | 02/26/2028 |
| 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.Gina Pocan says:
"Thank you, Affordable Housing Online, for being there for some of the most vulnerable people."
