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AHI - Preservation
Date of End of Funding or Program-Related Affordability
Shim ID Development Name Total Units (1) Assisted Units (2) RD/HUD Rental Assistance Units Approx. Yr. Built (3) Earliest Yr. of Funding (4) Type of Ownership Owner Name and Contact Info (5) Management Name and Contact Info Project Rent to FMR (6) REAC Score REAC Score Release Date (7) RD Restrictive Use Period Expiration (8) RD Rental Assistance Expiration (9) HUD Mortgage Maturity (10) HUD Rental Assistance Expiration (11) HUD Use Restriction Expiration FHFC 9% Housing Credit Expiration FHFC 4% Housing Credit Expiration FHFC HOME Expiration FHFC SAIL Expiration FHFC Bonds Expiration FHFC Expiration of Governing Program (12) LHFA Bond Maturity Overall Expiration Date of Governing Program (13) Housing Program(s) (14) Street Address City Zip CodeCounty
706 Lafayette Apartments 36 36 36 1982 not avail. Limited Dividend LAFAYETTE APARTMENTS, LTD. 311 E. Park Avenue - Tallahassee , FL 32301- 850-224-5081 Royal American Management, Inc. 1002 W 23rd Street Suite 400 Panama City , FL 32405- 850-769-8981 125.28 91.99 2012-01-17 10/07/2032 not avail. Terminated 12/31/2012 - - - - - - - 2032 Rental Assistance/HUD;Section 515 176 SE Land Ave Mayo 32066 Lafayette
Notes: 
(1) Total number of units.
(2) Total number of units with rent and/or income restrictions.
(3) Available for HUD developments only. This is the approximate year that the development was originally constructed.
(4) Available for FHFC, RD and HUD developments only. For FHFC developments this is the funding year of the earliest program that currently assists a property, which may be the year of new construction or year of rehabilitation; for RD developments, this is the date that the loan closed; for HUD developments this is the final endorsement date of HUD mortgage.
(5) Name, address and phone number of the owner. This information is currently only available for properties that receive HUD project-based rental assistance and for many of the properties with funding under the Low Income Housing Tax Credit program.
(6) Ratio of project rents to HUD Fair Market Rent (FMR) for the MSA and unit sizes (number of bedrooms) of the development. For developments with HUD rental assistance, this is the average rent-FMR ratio reported in HUD's Section 8 Contracts database. For developments with FHFC or RD funding, these are calculated using current rents for the development and FMRs for the corresponding MSA and unit sizes. The FHFC rent-FMR ratios exclude units where tenant is using a Section 8 voucher.
(7) For HUD properties, this is the most recent physical inspection score as assigned by HUD's Real Estate Assessment Center (REAC). A score of 60 and above is considered a passing score. The letter 'a' is given if there are no health and safety (H & S) deficiencies; 'b' if there are one or more non-life threatening H & S deficiencies; and 'c' if there are one or more life-threatening H & S deficiencies, also known as exigent or fire safety deficiencies. An asterisk indicates a smoke detector deficiency.
(8) Maximum period that development needs to stay affordable. If expired, owner can only end affordability if eligible for mortgage prepayment and if approved by RD. All properties with a Restrictive Use Period also have an RD mortgage, but the maturity date is not available.
(9) Expiration dates for RD rental assistance contracts are currently not available.
(10) Properties funded under HUD Section 202 Capital Advance and HUD Section 811 Capital Advance have a 40 year use restriction. But no information is available about the end date of the use restriction for each of these properties. The earliest year that use restrictions will start to expire is 2031, since these Capital Advance programs were enacted in 1991.
(11) Where a rental assistance contract has an expired date, it is common that it was actually renewed but not yet reported as such, due to a HUD reporting lag that can be up to eight months.
(11) Latest expiration date of all programs involved, except for Multifamily Mortgage Revenue Bonds. The expiration date from the Multifamily Mortgage Revenue Bond program is used only if there is no other funding program involved.
(13) If a property has one funding layer, this is the year that the subsidy or period of affordability expires or can be terminated by the owner. If a property has multiple funding layers, several assumptions were made to decide on the most restrictive funding program in terms of income and/or rent restrictions; the year of expiration of the subsidy or period of affordability of the presumed most restrictive funding layer is reported as the overall expiration date.
(14) Not all HUD insured mortgages impose income and/or rent restrictions. Therefore, these programs are only reported if combined with HUD Rental Assistance. For more details, see the Description of Programs in the AHI User Guide.

Other Important Notes:
* If a data field is not applicable for a property, this is indicated by a dash (-) in the data cell. If a data field is applicable but the data are not available for a property, this is indicated by the wording "not avail." in the data cell.
* Click here and choose a geography to get a comprehensive list of assisted housing properties and all the data fields from AHI-General, AHI-Preservation and HUD unit and tenant characteristics.
* For a complete description of all data fields, program descriptions and other important notes, please review the AHI User Guide.

Sources:  Data sources and last update information for the Assisted Housing Inventory.
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