| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 07/01/2043 |
| State | SD |
| Name | SUMMER CREST |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MITCHELL |
| Zip Code | 57301 |
| Total Units | 12 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | SKOGEN COMPANY |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 5 |
| Rental Assistance Units | 10 |
| Year Restrictive Clause Expires | 2033 |
| Borrower Name | SUMMER CREST LTD |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | IRENE, SD |
| Data As-of Date | |
| Fy Of Loan Obligation | 2012 |
| Interest Rate At Loan Closing % | 3.12 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 14486 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2043 |
| Loan Payoff Year | 2063 |
| Estimated Property Exit Year | 2043 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 0 |
| Latitude | 43.727747 |
| Longitude | -98.02998 |
| Borrower Id | 475358733 |
| Date Of Operation | 07/01/1988 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."