Peaks

431 Lake Hamilton Dr, Hot Springs, Arkansas 71913

Compliance Expired

Peaks is a 48-unit multifamily property located at 431 Lake Hamilton Dr in Hot Springs, Arkansas 71913. Placed in service in 2008 under the LIHTC program, its 15-year compliance period expired in 2023.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2008
Expiration
2023
2008
2011
2014
2017
2020
2023
Expired 3 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
3
Property Overview
HUD IDARA20089026
Year Placed in Service2008
Year-15 Expiration2023
Acquisition Status Compliance Expired
Unit Breakdown
Total Units48
Low-Income Units38
Low-Income Ratio79%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White38%
Black / African American26%
Asian0%
Not Reported0%

Household Composition

With Children50%

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