Section 8 Housing Details

Hub Name : Atlanta

Servicing Site Name : Atlanta

Property Phone Number : 8288799385

Address line1 : 1120 Refour Ave SE

Address line2 :

City Name : Valdese

State Code : NC

Zip Code : 28690

Zip4 Code : 3449

County Code : 023

County Name : Burke

MSA Code : 3290

MSA Name : Hickory-Morganton-Lenoir, NC MSA

Congressional District Code : 05

Placed Base City Name : Valdese

Property Total Unit Count : 34

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 :

Owner Participant Id : 221899

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 : Valdese Village Limited Partnership

Owner Address Line1 : 1515 Mockingbird Lane, Suite 1010

Owner Address Line2 :

Owner City Name : Charlotte

Owner State Code : NC

Owner Zip Code : 28209

Owner Zip4 Code :

Owner Main Phone Number : 704-335-9112

Owner Main Fax Number :

Mgmt Agent Participant Id : 5011

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 : NC19R000052

Contract Number : NC19R000052

Contract Number : NC19R000052

Mgmt Agent Indv Org Name : GEM Management, Inc.

Mgmt Agent Address Line1 : 2021 Cross Beam Drive

Mgmt Agent Address Line2 :

Mgmt Agent City Name : Charlotte

Mgmt Agent State Code : NC

Mgmt Agent Zip Code : 28217

Mgmt Agent Zip4 Code :

Mgmt Agent Main Phone Number : 704-357-6000

Mgmt Agent Main Fax Number :

Mgmt Agent Email : jburris@gemmanagement.net

Contract Number : NC19R000052

Property Name : Valdese Village Apartments

Tracs Effective Date : 2018-12-16 00:00:00

Tracs Overall Expiration Date : 2023-12-31 00:00:00

Tracs Overall Exp Fiscal Year : 2024

Tracs Overall Expire Quarter : Q1

Tracs Current Expiration Date : 2022-12-15 00:00:00

Contract Term Months Qty : 60

Assisted Units Count : 34

Is Hud Administered Ind : N

Is Acc Old Ind : N

Is Acc Performance Based Ind : Y

Contract Doc Type Code : HAP

Program Type Name : 515/8 NC

Program Type Group Code : 515

Tracs Status Name : Active

Tracs Type Group Name : S8 FmHA

Rent To FMR Ratio : 87.3507539059835000

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

Column 0BR Count : 0

Column 1BR Count : 0

Column 2BR Count : 24

Column 3BR Count : 10

Column 4BR Count : 0

Column 5plusBR Count : 0

Column 0BR FMR : 0

Column 1BR FMR : 0

Column 2BR FMR : 791

Column 3BR FMR : 1033

Column 4BR FMR : 0