River Bay Townhomes
48055 Spinnaker Cir, Lexington Park, Maryland 20653
⬜ Compliance Expired
River Bay Townhomes is a 173-unit multifamily property located at 48055 Spinnaker Cir in Lexington Park, Maryland 20653. Placed in service in 2005 under the LIHTC program, its 15-year compliance period expired in 2020.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2005
Expiration
2020
2005
2008
2011
2014
2017
2020
✅
Expired 6 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
6
Property Overview
HUD IDMDA20050093
Year Placed in Service2005
Year-15 Expiration2020
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units173
Low-Income Units155
Low-Income Ratio90%
Tenant demographic data not available for this property.