Iris Apts
641 N Vulcan Ave, Encinitas, California 92024
🔴 Expiring Imminently
Iris Apts is a 19-unit multifamily property located at 641 N Vulcan Ave in Encinitas, California 92024. Placed in service in 2013 under the LIHTC program, its 15-year compliance period expires in 2028. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2013
Current Year
2026
Expiration
2028
2013
2016
2019
2022
2025
2028
⚠️
Compliance expires in 2 years
This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.
Compliance Period
15 Years
Years Elapsed
13 / 15
Years Until
2
Property Overview
HUD IDCAA20130040
Year Placed in Service2013
Year-15 Expiration2028
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units19
Low-Income Units19
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White0%
Black / African American0%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported100%
Household Composition
Elderly 62+37%
Head 62+37%
Disability Status
Members with Disability39%
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