Riverside Tower Lofts

1001 W 2Nd Street, Madison, Indiana 47250

🟢 Future Pipeline

Riverside Tower Lofts is a 50-unit multifamily property located at 1001 W 2Nd Street in Madison, Indiana 47250. Placed in service in 2020 under the LIHTC program, its 15-year compliance period expires in 2035.

Year-15 Compliance Timeline

LONG-TERM COMPLIANCE
Placed in Service
2020
Current Year
2026
Expiration
2035
2020
2023
2026
2029
2032
2035
📊
Compliance expires in 9 years

This property has significant time remaining on its compliance period. Compliance data is being tracked for informational purposes.

Compliance Period
15 Years
Years Elapsed
6 / 15
Years Until
9
Property Overview
HUD IDINA20200009
Year Placed in Service2020
Year-15 Expiration2035
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units50
Low-Income Units50
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White36%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Not Reported40%

Household Composition

With Children74%

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