Gray Gables Apartments
Multiple Building Addresses, Albert Lea, Minnesota 56007
⬜ Compliance Expired
Gray Gables Apartments is a 45-unit multifamily property located at Multiple Building Addresses in Albert Lea, Minnesota 56007. Placed in service in 1996 under the LIHTC program, its 15-year compliance period expired in 2011.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
1996
Expiration
2011
1996
1999
2002
2005
2008
2011
✅
Expired 15 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
15
Property Overview
HUD IDMNA19960085
Year Placed in Service1996
Year-15 Expiration2011
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units45
Low-Income Units44
Low-Income Ratio98%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White11%
Black / African American11%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Not Reported71%
Household Composition
With Children53%
Elderly 62+30%
Head 62+28%
Disability Status
Units with ≥1 Disabled Member76%
Members with Disability5%
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