| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/01/2042 |
| State | SD |
| Name | SPIRIT CANYON APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | GARRETSON |
| Zip Code | 57033 |
| Total Units | 11 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | COVENANT MANAGEMENT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 0 |
| Rental Assistance Units | 7 |
| Year Restrictive Clause Expires | 2044 |
| Borrower Name | PALISADE MANOR NURSING HOME INC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | GARRETSON, SD |
| Data As-of Date | |
| Fy Of Loan Obligation | 1994 |
| Interest Rate At Loan Closing % | 3.12 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 13274 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2042 |
| Loan Payoff Year | 2059 |
| Estimated Property Exit Year | 2042 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 1 |
| Latitude | 43.717256 |
| Longitude | -96.497643 |
| Borrower Id | 229131604 |
| Date Of Operation | 11/01/1994 |
| Tax Credit Expires | |
| 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.Shirley Toran says:
"Affordable Housing Online is very good at keeping me informed on new and future dates for waiting list applications."