| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 11/06/2046 |
| State | VA |
| Name | ACADEMY APARTMENTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | WEST POINT |
| Zip Code | 23181 |
| Total Units | 32 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | GEM MANAGEMENT LLC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 0 |
| Vacant Units | 0 |
| Rental Assistance Units | 30 |
| Year Restrictive Clause Expires | 2036 |
| Borrower Name | ACADEMY APARTMENTS VA LLC |
| Borrower Type | Corporation |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | CHARLOTTE, NC |
| Data As-of Date | |
| Fy Of Loan Obligation | 1995 |
| Interest Rate At Loan Closing % | 2.88 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 15813 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2046 |
| Loan Payoff Year | 2066 |
| Estimated Property Exit Year | 2046 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 5 |
| Latitude | 37.558994 |
| Longitude | -76.819587 |
| Borrower Id | 320621106 |
| Date Of Operation | 11/06/1996 |
| Tax Credit Expires | 12/21/2035 |
| Property Key | |
| State County Fips Code |
Housing options for immigrants.
Some housing programs do not have a citizenship requirement, such as Low-Income Housing Tax Credit apartments.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."