Meadowcrest Apts

24200 Lathrup Blvd, Southfield, Michigan 48075

🔴 Expiring Imminently

Meadowcrest Apts is a 83-unit multifamily property located at 24200 Lathrup Blvd in Southfield, Michigan 48075. Placed in service in 2013 under the LIHTC program, its 15-year compliance period expires in 2028. This property's compliance period is expiring imminently.

Year-15 Compliance Timeline

EXPIRING IMMINENTLY
Placed in Service
2013
Current Year
2026
Expiration
2028
2013
2016
2019
2022
2025
2028
⚠️
Compliance expires in 2 years

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
13 / 15
Years Until
2
Property Overview
HUD IDMIA20130013
Year Placed in Service2013
Year-15 Expiration2028
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units83
Low-Income Units68
Low-Income Ratio82%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American40%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Not Reported55%

Household Composition

With Children0%
Elderly 62+73%
Head 62+73%

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