| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/14/2049 |
| State | SC |
| Name | SUMMERVILLE VILLAS % GEM MANAGEMENT |
| Address | |
| Address 2 | |
| Address 3 | |
| City | SUMMERVILLE |
| Zip Code | 29485 |
| Total Units | 42 |
| 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 | 2 |
| Rental Assistance Units | 37 |
| Year Restrictive Clause Expires | 2049 |
| Borrower Name | SUMMERVILLE VILLAS SC LLC |
| 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 % | 3.5 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 16788 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2049 |
| Loan Payoff Year | 2069 |
| Estimated Property Exit Year | 2049 |
| Project Number | |
| Project Id | 02 |
| Project Check Digit | 9 |
| Latitude | 32.990577 |
| Longitude | -80.206304 |
| Borrower Id | 709036721 |
| Date Of Operation | 11/14/1996 |
| Tax Credit Expires | 06/27/2054 |
| 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.Gordon Gross says:
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