Gates At Coralbay
616 Hwy 90, Waveland, Mississippi 39576
⬜ Compliance Expired
Gates At Coralbay is a 160-unit multifamily property located at 616 Hwy 90 in Waveland, Mississippi 39576. Placed in service in 2010 under the LIHTC program, its 15-year compliance period expired in 2025.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2010
Expiration
2025
2010
2013
2016
2019
2022
2025
✅
Expired 1 year 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
1
Property Overview
HUD IDMSA20100045
Year Placed in Service2010
Year-15 Expiration2025
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units160
Low-Income Units157
Low-Income Ratio98%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American63%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported22%
Household Composition
With Children62%
Elderly 62+17%
Head 62+17%
Disability Status
Units with ≥1 Disabled Member14%
Household Size at Certification
Actual = Certified size95%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules