Loftin At Montcross Senior

864 Hawley Avenue, Belmont, North Carolina 28012

๐ŸŸ  Expiring Soon

Loftin At Montcross Senior is a 72-unit multifamily property located at 864 Hawley Avenue in Belmont, North Carolina 28012. Placed in service in 2014 under the LIHTC program, its 15-year compliance period expires in 2029. This property is approaching its Year-15 compliance milestone.

Year-15 Compliance Timeline

EXPIRING SOON
Placed in Service
2014
Current Year
2026
Expiration
2029
2014
2017
2020
2023
2026
2029
๐Ÿ“‹
Compliance expires in 3 years

This property is approaching its Year-15 compliance milestone. It is worth monitoring for changes in ownership intent and refinancing activity.

Compliance Period
15 Years
Years Elapsed
12 / 15
Years Until
3
Property Overview
HUD IDNCA20141022
Year Placed in Service2014
Year-15 Expiration2029
Acquisition Status๐ŸŸ  Expiring Soon
Unit Breakdown
Total Units72
Low-Income Units72
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data ยท Source: HUD LIHTC

Race & Ethnicity of Head of Household

Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported90%

Household Composition

Elderly 62+53%
Head 62+53%

Disability Status

Members with Disability60%

Household Size at Certification

Actual = Certified size93%
2022 HUD Tenant-Level Data โ€” values <11 masked per HUD non-disclosure rules