Section 8 Housing Details

Hub Name : Chicago

Servicing Site Name : Chicago

Property Phone Number : (773) 536-5000

Address line1 : 3812 S MICHIGAN AVE

Address line2 :

City Name : CHICAGO

State Code : IL

Zip Code : 60653

Zip4 Code : 1555

County Code : 031

County Name : Cook

MSA Code : 1600

MSA Name : Chicago, IL PMSA

Congressional District Code : 07

Placed Base City Name : Chicago

Property Total Unit Count : 72

Property Category Name : Insured-Subsidized

Associated Financing Number : 07111537

Is Insured Ind : Y

Is 202 811 Ind : N

Is Hud Held Ind : N

Is Hud Owned Ind : N

Is Hospital Ind : N

Is Nursing Home Ind : N

Is Board And Care Ind : N

Is Assisted Living ind : N

Is Refinanced Ind : Y

Is 221d3 Ind : N

Is 221d4 Ind : N

Is 226 Ind : N

Is Non Insured Ind : N

Is Bmir Ind : N

Is Risk Sharing Ind : N

Is Mip Ind : N

Is Co Insured Ind : N

Is Opportunity Zone Ind : Y

Ownership Effective Date : 2004-09-17 00:00:00

Owner Participant Id : 223230

Owner Company Type : Profit Motivated

Owner Individual First Name :

Owner Individual Middle Name :

Owner Individual Last Name :

Owner Individual Full Name :

Owner Individual Title :

Owner Organization Name : Michigan Towers LTD. Partnership

Owner Address Line1 : 2850 S.Michigan Avenue

Owner Address Line2 :

Owner City Name : Chicago

Owner State Code : IL

Owner Zip Code : 60616

Owner Zip4 Code :

Owner Main Phone Number : (312) 842-5500

Owner Main Fax Number :

Mgmt Agent Participant Id : 221544

Mgmt Agent Company Type : Profit Motivated

Mgmt Agent Indv First Name :

Mgmt Agent Indv Last Name :

Mgmt Agent Indv Middle Name :

Mgmt Agent Indv Full Name :

Mgmt Agent Indv Title :

Contract Number : IL06E000061

Contract Number : IL06E000061

Contract Number : IL06E000061

Mgmt Agent Indv Org Name : East Lake Management Group, Inc.

Mgmt Agent Address Line1 : 2850 S Michigan Ave

Mgmt Agent Address Line2 :

Mgmt Agent City Name : Chicago

Mgmt Agent State Code : IL

Mgmt Agent Zip Code : 60616

Mgmt Agent Zip4 Code : 3230

Mgmt Agent Main Phone Number : (312) 842-5500

Mgmt Agent Main Fax Number :

Mgmt Agent Email : ehigginbottom@eastlakemgmt.com

Contract Number : IL06E000061

Property Name : MICHIGAN TOWERS

Tracs Effective Date : 2021-07-01 00:00:00

Tracs Overall Expiration Date : 2041-06-30 00:00:00

Tracs Overall Exp Fiscal Year : 2041

Tracs Overall Expire Quarter : Q3

Tracs Current Expiration Date : 2023-06-30 00:00:00

Contract Term Months Qty : 240

Assisted Units Count : 72

Is Hud Administered Ind : N

Is Acc Old Ind : N

Is Acc Performance Based Ind : Y

Contract Doc Type Code : HAP

Program Type Name : PD/8 MR

Program Type Group Code : PD

Tracs Status Name : Active

Tracs Type Group Name : S8 Prop. Disp.

Rent To FMR Ratio : 95.0594121325828600

Rent To FMR Description : Between 80% & 100% FMR

Column 0BR Count : 0

Column 1BR Count : 24

Column 2BR Count : 40

Column 3BR Count : 8

Column 4BR Count : 0

Column 5plusBR Count : 0

Column 0BR FMR : 0

Column 1BR FMR : 1255

Column 2BR FMR : 1440

Column 3BR FMR : 1827

Column 4BR FMR : 0