Penn Place Apartments
1415 N Pennsylvania St, Indianapolis, Indiana 46202
🟠 Expiring Soon
Penn Place Apartments is a 38-unit multifamily property located at 1415 N Pennsylvania St in Indianapolis, Indiana 46202. Placed in service in 2015 under the LIHTC program, its 15-year compliance period expires in 2030. This property is approaching its Year-15 compliance milestone.
Year-15 Compliance Timeline
EXPIRING SOONPlaced in Service
2015
Current Year
2026
Expiration
2030
2015
2018
2021
2024
2027
2030
📋
Compliance expires in 4 years
This property is approaching its Year-15 compliance milestone. It is worth monitoring for changes in ownership intent and refinancing activity.
Compliance Period
15 Years
Years Elapsed
11 / 15
Years Until
4
Property Overview
HUD IDINA20157010
Year Placed in Service2015
Year-15 Expiration2030
Acquisition Status🟠 Expiring Soon
Unit Breakdown
Total Units38
Low-Income Units38
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White25%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported65%
Household Composition
With Children0%
Elderly 62+94%
Head 62+94%
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