Terrace Park Apts
744 Sixth St Sw, Fayette, Alabama 35555
⬜ Compliance Expired
Terrace Park Apts is a 50-unit multifamily property located at 744 Sixth St Sw in Fayette, Alabama 35555. Placed in service in 1993 under the LIHTC program, its 15-year compliance period expired in 2008.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
1993
Expiration
2008
1993
1996
1999
2002
2005
2008
✅
Expired 18 years ago
The 15-year compliance period has ended. The property may have already been repositioned or converted.
Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
18
Property Overview
HUD IDALA19930108
Year Placed in Service1993
Year-15 Expiration2008
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units50
Low-Income Units50
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White53%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported27%
Household Composition
With Children59%
Disability Status
Household Size at Certification
Actual = Certified size74%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules