Stone Terrace

8440 S. Parnell Ave, Chicago, Illinois 60620

Compliance Expired

Stone Terrace is a 156-unit multifamily property located at 8440 S. Parnell Ave in Chicago, Illinois 60620. Placed in service in 2002 under the LIHTC program, its 15-year compliance period expired in 2017.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2002
Expiration
2017
2002
2005
2008
2011
2014
2017
Expired 9 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
9
Property Overview
HUD IDILB20029004
Year Placed in Service2002
Year-15 Expiration2017
Acquisition Status Compliance Expired
Unit Breakdown
Total Units156
Low-Income Units154
Low-Income Ratio99%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White88%
Hispanic / Latino0%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported0%

Household Composition

With Children0%
Elderly 62+79%
Head 62+79%

Disability Status

Units with ≥1 Disabled Member11%
Members with Disability0%

Household Size at Certification

Actual = Certified size92%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules