Gateway Place
721 Lake Susan Dr, Chanhassen, Minnesota 55317
⬜ Compliance Expired
Gateway Place is a 48-unit multifamily property located at 721 Lake Susan Dr in Chanhassen, Minnesota 55317. Placed in service in 2007 under the LIHTC program, its 15-year compliance period expired in 2022.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2007
Expiration
2022
2007
2010
2013
2016
2019
2022
✅
Expired 4 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
4
Property Overview
HUD IDMNA20070056
Year Placed in Service2007
Year-15 Expiration2022
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units48
Low-Income Units47
Low-Income Ratio98%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White94%
Black / African American0%
Hispanic / Latino0%
Asian0%
Hawaiian / Pacific Islander0%
Household Composition
With Children71%
Disability Status
Members with Disability0%
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