Section 8 Housing Details

Hub Name : Minneapolis

Servicing Site Name : Minneapolis

Property Phone Number : 612-333-7761

Address line1 : 501-513 E 15TH ST

Address line2 :

City Name : MINNEAPOLIS

State Code : MN

Zip Code : 55404

Zip4 Code : 1589

County Code : 053

County Name : Hennepin

MSA Code : 5120

MSA Name : Minneapolis-St. Paul, MN-WI MSA

Congressional District Code : 05

Placed Base City Name : Minneapolis

Property Total Unit Count : 51

Property Category Name : Subsidized, No HUD Financing

Associated Financing Number :

Is Insured Ind : N

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 : N

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 : N

Ownership Effective Date : 2019-11-05 00:00:00

Owner Participant Id : 384383

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 : Madison Renewal LLC

Owner Address Line1 : 11810 Grand Park Avenue

Owner Address Line2 : Suite 600

Owner City Name : Rockville

Owner State Code : MD

Owner Zip Code : 20852

Owner Zip4 Code :

Owner Main Phone Number : 301-998-0401

Owner Main Fax Number :

Mgmt Agent Participant Id : 146924

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 : MN46A001002

Contract Number : MN46A001002

Contract Number : MN46A001002

Mgmt Agent Indv Org Name : Ludwig and Company

Mgmt Agent Address Line1 : 4081 Ryan Road

Mgmt Agent Address Line2 : Suite 106

Mgmt Agent City Name : Gurnee

Mgmt Agent State Code : IL

Mgmt Agent Zip Code : 60031

Mgmt Agent Zip4 Code : 1267

Mgmt Agent Main Phone Number : 847-263-6200

Mgmt Agent Main Fax Number : 847-263-6221

Mgmt Agent Email : rwellington@ludwigco.com

Contract Number : MN46A001002

Property Name : MADISON APARTMENTS

Tracs Effective Date : 2019-11-01 00:00:00

Tracs Overall Expiration Date : 2039-10-31 00:00:00

Tracs Overall Exp Fiscal Year : 2040

Tracs Overall Expire Quarter : Q1

Tracs Current Expiration Date : 2022-10-31 00:00:00

Contract Term Months Qty : 240

Assisted Units Count : 51

Is Hud Administered Ind : N

Is Acc Old Ind : N

Is Acc Performance Based Ind : Y

Contract Doc Type Code : HAP

Program Type Name : HFDA/8 SR

Program Type Group Code : HFDA

Tracs Status Name : Active

Tracs Type Group Name : S8 State Agency

Rent To FMR Ratio : 112.9525483304042300

Rent To FMR Description : Between 101% & 120% FMR

Column 0BR Count : 0

Column 1BR Count : 0

Column 2BR Count : 38

Column 3BR Count : 9

Column 4BR Count : 4

Column 5plusBR Count : 0

Column 0BR FMR : 0

Column 1BR FMR : 0

Column 2BR FMR : 1410

Column 3BR FMR : 1916

Column 4BR FMR : 4