The Villages At The Pines

1450 S Ferry St, Grand Haven, Michigan 49417

🔴 Expiring Imminently

The Villages At The Pines is a 88-unit multifamily property located at 1450 S Ferry St in Grand Haven, Michigan 49417. Placed in service in 2012 under the LIHTC program, its 15-year compliance period expires in 2027. This property's compliance period is expiring imminently.

Year-15 Compliance Timeline

EXPIRING IMMINENTLY
Placed in Service
2012
Current Year
2026
Expiration
2027
2012
2015
2018
2021
2024
2027
⚠️
Compliance expires in 1 year

This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.

Compliance Period
15 Years
Years Elapsed
14 / 15
Years Until
1
Property Overview
HUD IDMIA20120958
Year Placed in Service2012
Year-15 Expiration2027
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units88
Low-Income Units40
Low-Income Ratio45%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American39%
Hispanic / Latino0%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported36%

Household Composition

With Children70%

Disability Status

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