| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/16/2040 |
| State | VA |
| Name | NEWPORT VILLAGE APT |
| Address | |
| Address 2 | |
| Address 3 | |
| City | FRANKLIN |
| Zip Code | 23851 |
| Total Units | 48 |
| Rental Type | Family |
| 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 | 3 |
| Vacant Units | 6 |
| Rental Assistance Units | 25 |
| Year Restrictive Clause Expires | 2040 |
| Borrower Name | NEWPORT VILLAGE LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ROCKVILLE, MD |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 8.75 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 6318 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2040 |
| Loan Payoff Year | 2040 |
| Estimated Property Exit Year | 2040 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 9 |
| Latitude | 36.663497 |
| Longitude | -76.920304 |
| Borrower Id | 459034289 |
| Date Of Operation | 11/16/1990 |
| Tax Credit Expires | 11/01/2034 |
| Property Key | |
| State County Fips Code |
Don’t miss your window to apply!
If you can't apply now, write down when the waiting list closes. Many waiting lists are open only for a short time.Michelle Eans says:
"I love Affordable Housing Online because it provides information you normally would not know about."