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Portfolio Risk Hub

Northbank Housing Partners

396 units · $91.9M TIV · 6 locations · Sample demo

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Developments

AC

Ash Court

2200 Ash Court Drive, Durham, NC 27707

Placed LIHTC / operating

4% LIHTC · placed 2021

Units

72

Occupied

70 / 72

TIV

$18.1M

Properties

1

Property

Occupancy
Family
Construction
Wood frame / brick veneer
Year built
2021
Flood zone
X
CAT
Wind / hail
Named insured
Ash Court LP
Manager
Northbank Management LLC

Insurance program

Program
Ash Court LP project
Type
Project — 4% LP
Carrier
Admitted package
Term
2025-07-10 → 2026-07-10
AOP deductible
$10K AOP
Wind-hail
2% named storm
Named storm
2%
Flood
Zone X — none
GL / umbrella
$1M / $2M · $10M

Deductibles — recorded precision

Basis, minimum, property vs program, and the policy reference. Source opens the document page and section. Not a coverage opinion.

DeductibleAmountBasisMinimumApplies toPolicy refSource
AOP$10K AOPAs recorded on the program — not inferred as a % of TIV$10Ash Court LP projectAsh Court LP projectRecorded program
Wind-hail2% named stormPercent of TIV as recordedMinimum not recordedAsh Court LP projectAsh Court LP projectRecorded program
Named storm2%Percent of TIV as recordedMinimum not recordedAsh Court LP projectAsh Court LP projectRecorded program

Source documents on this property

Uploaded and sample files attached to this development or a building. Open the document — not a coverage opinion.

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Buildings and parcels

1 property on this development — COPE on each line.

Full schedule
PropertyConstructionOccupancyProtectionExposureTIV

Ash Court — garden

2200 Ash Court Drive

Frame (ISO 1)

61,200 sf · 2021 · 3 sty

Architectural shingle · Roof replaced 2021

Family

Garden-style family — 4% LIHTC · 72 units

Wet pipe (NFPA 13R)

Smoke Yes · Central Yes

PPC 3

Zone X

Residential

$18.1M

Bldg $15.9M

Contents $1.1M

LoR $1.1M

Coverage on this program

  • Property — Ash Court LP

    Ash Court LP

    $18.1M TIV

    $10K AOP · 2% named storm

    $54,000 · $.30 / $100 TIV

Conversion observation

Placed 4% family. Project property and GL in the LP name. Lender and investor already on the form.

Placed. The LP is the named insured. Coverage that belongs to this partnership stays on this project program.

DurhamChapel HillRiver corridorMillwork LoftsAsh CourtElm Street SeniorRiver Park FamilyCottonwood ApartmentsPine Street Duplexes
  • In conversion
  • Placed LIHTC / operating
  • Year 15