River Place Towers

1 River Pl, Lowell, Massachusetts 01852

Compliance Expired

River Place Towers is a 448-unit multifamily property located at 1 River Pl in Lowell, Massachusetts 01852. Placed in service in 1997 under the LIHTC program, its 15-year compliance period expired in 2012.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
1997
Expiration
2012
1997
2000
2003
2006
2009
2012
Expired 14 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
14
Property Overview
HUD IDMAB19970090
Year Placed in Service1997
Year-15 Expiration2012
Acquisition Status Compliance Expired
Unit Breakdown
Total Units448
Low-Income Units362
Low-Income Ratio81%

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

With Children0%
Elderly 62+100%
Head 62+100%

Disability Status

Units with ≥1 Disabled Member24%
Members with Disability27%

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