HUD Contract Menu

Section 8 Housing Details

Hub Name : Boston

Servicing Site Name : Boston

Property Phone Number : 401-847-0800

Address line1 : 90 Girard Avenue

Address line2 :

City Name : NEWPORT

State Code : RI

Zip Code : 02840

Zip4 Code : 1152

County Code : 005

County Name : Newport

MSA Code : 9999

MSA Name :

Congressional District Code : 01

Placed Base City Name : Newport

Property Total Unit Count : 204

Property Category Name : Subsidized - Previously Insured

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 : Y

Ownership Effective Date : 2020-02-28 00:00:00

Owner Participant Id : 397555

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 : Festival Field Preservation LP

Owner Address Line1 : 250 West 55th Street, 35th Floor

Owner Address Line2 :

Owner City Name : New York

Owner State Code : NY

Owner Zip Code : 10019

Owner Zip4 Code :

Owner Main Phone Number : 212-798-4081

Owner Main Fax Number :

Mgmt Agent Participant Id : 379339

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 : RI43M000100

Mgmt Agent Indv Org Name : Fairstead Management LLC

Mgmt Agent Address Line1 : 4550 Montgomery Avenue

Mgmt Agent Address Line2 : Suite 450

Mgmt Agent City Name : Bethesda

Mgmt Agent State Code : MD

Mgmt Agent Zip Code : 20814

Mgmt Agent Zip4 Code :

Mgmt Agent Main Phone Number : 646-973-5539

Mgmt Agent Main Fax Number :

Mgmt Agent Email : Shah.Alam@fairstead.com

Contract Number : RI43M000100

Property Name : FESTIVAL FIELD

Tracs Effective Date : 2020-03-01 00:00:00

Tracs Overall Expiration Date : 2040-02-29 00:00:00

Tracs Overall Exp Fiscal Year : 2040

Tracs Overall Expire Quarter : Q2

Tracs Current Expiration Date : 2023-02-28 00:00:00

Contract Term Months Qty : 240

Assisted Units Count : 204

Is Hud Administered Ind : N

Is Acc Old Ind : N

Is Acc Performance Based Ind : Y

Contract Doc Type Code : HAP

Program Type Name : LMSA

Program Type Group Code : LMSA

Tracs Status Name : Active

Tracs Type Group Name : S8 Loan Mgmt

Rent To FMR Ratio : 93.0811803264889500

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

Column 0BR Count : 5

Column 1BR Count : 89

Column 2BR Count : 81

Column 3BR Count : 29

Column 4BR Count : 0

Column 5plusBR Count : 0

Column 0BR FMR : 1495

Column 1BR FMR : 1526

Column 2BR FMR : 1976

Column 3BR FMR : 2649

Column 4BR FMR : 0