| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 05/02/2045 |
| State | TN |
| Name | SPRING TREE VILLAS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | RED BOILING SPRINGS |
| Zip Code | 37150 |
| Total Units | 47 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | BOBBY WESTMORELAND |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 3 |
| Vacant Units | 1 |
| Rental Assistance Units | 46 |
| Year Restrictive Clause Expires | 2047 |
| Borrower Name | SPRING TREE, L. P. |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | CELINA, TN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1995 |
| Interest Rate At Loan Closing % | 7.25 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 8140 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2047 |
| Loan Payoff Year | 2045 |
| Estimated Property Exit Year | 2045 |
| Project Number | |
| Project Id | 02 |
| Project Check Digit | 9 |
| Latitude | 36.527489 |
| Longitude | -85.8548 |
| Borrower Id | 840253093 |
| Date Of Operation | 05/02/1997 |
| Tax Credit Expires | 12/31/2032 |
| 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.Jenn Rebecca Jones says:
"Affordable Housing Online is easy to use and stressless."