| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/28/2052 |
| State | VA |
| Name | MAGNOLIA PLACE |
| Address | |
| Address 2 | |
| Address 3 | |
| City | BLACKSTONE |
| Zip Code | 23824 |
| Total Units | 56 |
| Rental Type | |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | TM ASSOCIATES MANAGEMENT, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 15 |
| Rental Assistance Units | 55 |
| Year Restrictive Clause Expires | 2052 |
| Borrower Name | MAGNOLIA PLACE APARTMENTS TM, LLC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ROCKVILLE, MD |
| Data As-of Date | |
| Fy Of Loan Obligation | 2001 |
| Interest Rate At Loan Closing % | 3.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 18236 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2052 |
| Loan Payoff Year | 2073 |
| Estimated Property Exit Year | 2052 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 6 |
| Latitude | 37.07759 |
| Longitude | -78.010792 |
| Borrower Id | 799430431 |
| Date Of Operation | 09/28/2001 |
| Tax Credit Expires | 11/01/2037 |
| Property Key | |
| State County Fips Code |
Only submit truthful information.
Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.Roxana Gonzales says:
"Affordable Housing Online is very easy to navigate, thank you for providing us with all of this information!"