Heritage Park 1B1 + 1B2
1000 Olson Memorial Highway, Minneapolis, Minnesota 55411
⬜ Compliance Expired
Heritage Park 1B1 + 1B2 is a 112-unit multifamily property located at 1000 Olson Memorial Highway in Minneapolis, Minnesota 55411. Placed in service in 2002 under the LIHTC program, its 15-year compliance period expired in 2017.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2002
Expiration
2017
2002
2005
2008
2011
2014
2017
✅
Expired 9 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
9
Property Overview
HUD IDMNB20029001
Year Placed in Service2002
Year-15 Expiration2017
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units112
Low-Income Units64
Low-Income Ratio57%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White49%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported31%
Household Composition
Elderly 62+19%
Head 62+19%
Disability Status
Members with Disability21%
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