NEW CASTLE MANOR APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 07/12/2042
State VA
Name NEW CASTLE MANOR APARTMENTS
Address
Address 2
Address 3
City NEW CASTLE
Zip Code 24127
Total Units 34
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name PEOPLE INCORPORATED OF VIRGINIA
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 5
Rental Assistance Units 34
Year Restrictive Clause Expires 2042
Borrower Name WEST LANCE APARTMENTS, LLC
Borrower Type Ineligible
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State ABINGDON, VA
Data As-of Date
Fy Of Loan Obligation 1993
Interest Rate At Loan Closing % 3.12
Loan Amt
Balloon? TRUE
Remaining Term Days 14365
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2042
Loan Payoff Year 2062
Estimated Property Exit Year 2042
Project Number
Project Id 01
Project Check Digit 1
Latitude 37.496466
Longitude -80.109603
Borrower Id 132433609
Date Of Operation 07/12/1994
Tax Credit Expires 01/01/2027
Property Key
State County Fips Code