| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/20/2047 |
| State | TX |
| Name | LAKE RIDGE APARTMENTS LTD |
| Address | |
| Address 2 | |
| Address 3 | |
| City | MABANK |
| Zip Code | 75147 |
| Total Units | 42 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | HAMILTON VALLEY MANAGEMENT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 2 |
| Rental Assistance Units | 37 |
| Year Restrictive Clause Expires | 2047 |
| Borrower Name | HVM 2016 MABANK LTD |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | BURNET, TX |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 3.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 16103 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2047 |
| Loan Payoff Year | 2067 |
| Estimated Property Exit Year | 2047 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 4 |
| Latitude | 32.36945 |
| Longitude | -96.10111 |
| Borrower Id | 703488336 |
| Date Of Operation | 12/20/1989 |
| Tax Credit Expires | 08/30/2032 |
| Property Key | |
| State County Fips Code |
Applying for housing with bad credit.
Most HUD housing programs, like Section 8 and Public Housing, do not have a credit check. But Section 8 landlords will likely require one for an available unit.Cathy Watkins says:
"I’m just glad I could find Affordable Housing Online. If I can find a low-income rental, I can see retirement."