Summerhill Iii Apartments
605 Lincoln St, Gassville, Arkansas 72635
⬜ Compliance Expired
Summerhill Iii Apartments is a 17-unit multifamily property located at 605 Lincoln St in Gassville, Arkansas 72635. Placed in service in 2006 under the LIHTC program, its 15-year compliance period expired in 2021.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2006
Expiration
2021
2006
2009
2012
2015
2018
2021
✅
Expired 5 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
5
Property Overview
HUD IDARA20060075
Year Placed in Service2006
Year-15 Expiration2021
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units17
Low-Income Units16
Low-Income Ratio94%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American90%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Not Reported0%
Household Composition
With Children35%
Elderly 62+23%
Head 62+21%
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