| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 02/28/2050 |
| State | TN |
| Name | MALLARD COVE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | DECHERD |
| Zip Code | 37324 |
| Total Units | 40 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | VOLUNTEER MGMT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 4 |
| Rental Assistance Units | 33 |
| Year Restrictive Clause Expires | 2048 |
| Borrower Name | BTT DEVELOPMENT II LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | JACKSON, TN |
| Data As-of Date | |
| Fy Of Loan Obligation | 2018 |
| Interest Rate At Loan Closing % | 2.5 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 17191 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2050 |
| Loan Payoff Year | 2070 |
| Estimated Property Exit Year | 2050 |
| Project Number | |
| Project Id | 07 |
| Project Check Digit | 0 |
| Latitude | 35.20448 |
| Longitude | -86.089088 |
| Borrower Id | 042828269 |
| Date Of Operation | 02/28/1986 |
| Tax Credit Expires | 11/19/2048 |
| Property Key | |
| State County Fips Code |
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Diane Johnson says:
"The housing information on Affordable Housing Online is comprehensive, timely and user friendly. I appreciate all the diligent research that goes into collecting and sharing this vital information. Thanks for your commitment to excellence."