| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 01/16/2041 |
| State | SD |
| Name | LAKE PRESTON HSG |
| Address | |
| Address 2 | |
| Address 3 | |
| City | LAKE PRESTON |
| Zip Code | 57249 |
| Total Units | 32 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | STEFFENSEN, SARAH |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 21 |
| Year Restrictive Clause Expires | 2026 |
| Borrower Name | LAKE PRESTON HSG |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ARLINGTON, SD |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 4.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 10094 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2041 |
| Loan Payoff Year | 2051 |
| Estimated Property Exit Year | 2041 |
| Project Number | |
| Project Id | 07 |
| Project Check Digit | 2 |
| Latitude | 44.362278 |
| Longitude | -97.377148 |
| Borrower Id | 121080648 |
| Date Of Operation | 01/16/1974 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."
