Riverwalk Apts

1501 Deborah Dr, Lowell, Michigan 49331

Compliance Expired

Riverwalk Apts is a 48-unit multifamily property located at 1501 Deborah Dr in Lowell, Michigan 49331. Placed in service in 2008 under the LIHTC program, its 15-year compliance period expired in 2023.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2008
Expiration
2023
2008
2011
2014
2017
2020
2023
Expired 3 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
3
Property Overview
HUD IDMIA20080160
Year Placed in Service2008
Year-15 Expiration2023
Acquisition Status Compliance Expired
Unit Breakdown
Total Units48
Low-Income Units48
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White58%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Not Reported31%

Household Composition

With Children0%
Elderly 62+0%
Head 62+0%

Disability Status

Units with ≥1 Disabled Member12%
Members with Disability0%

Household Size at Certification

Actual < Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules