Valley Oaks Fka Fair Oaks Apartments
6402 Cleveland Road, Valley, Alabama 36854
🟢 Future Pipeline
Valley Oaks Fka Fair Oaks Apartments is a 56-unit multifamily property located at 6402 Cleveland Road in Valley, Alabama 36854. Placed in service in 2021 under the LIHTC program, its 15-year compliance period expires in 2036.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2021
Current Year
2026
Expiration
2036
2021
2024
2027
2030
2033
2036
📊
Compliance expires in 10 years
This property has significant time remaining on its compliance period. Compliance data is being tracked for informational purposes.
Compliance Period
15 Years
Years Elapsed
5 / 15
Years Until
10
Property Overview
HUD IDALA20210005
Year Placed in Service2021
Year-15 Expiration2036
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units56
Low-Income Units56
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White39%
Black / African American61%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported0%
Household Composition
With Children38%
Elderly 62+34%
Head 62+34%
Disability Status
Units with ≥1 Disabled Member0%
Members with Disability0%
Household Size at Certification
Actual = Certified size100%
Actual < Certified size0%
Actual > Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules