| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 06/15/2052 |
| State | TN |
| Name | SPRING FOREST APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | RIPLEY |
| Zip Code | 38063 |
| Total Units | 48 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | MACO MANAGEMENT CO INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 3 |
| Vacant Units | 1 |
| Rental Assistance Units | 47 |
| Year Restrictive Clause Expires | 2052 |
| Borrower Name | RIPLEY SR HOUSING |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | CLARKTON, MO |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 2.5 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 17827 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2052 |
| Loan Payoff Year | 2072 |
| Estimated Property Exit Year | 2052 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 6 |
| Latitude | 35.737902 |
| Longitude | -89.54327 |
| Borrower Id | 677739146 |
| Date Of Operation | 06/15/1992 |
| Tax Credit Expires | 06/14/2037 |
| 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.Wilma Dupree says:
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