Central School Apartments

401 East Washington Avenue, Bessemer City, North Carolina 28016

Compliance Expired

Central School Apartments is a 33-unit multifamily property located at 401 East Washington Avenue in Bessemer City, North Carolina 28016. Placed in service in 2008 under the LIHTC program, its 15-year compliance period expired in 2023.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2008
Expiration
2023
2008
2011
2014
2017
2020
2023
Expired 3 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
3
Property Overview
HUD IDNCA20087007
Year Placed in Service2008
Year-15 Expiration2023
Acquisition Status Compliance Expired
Unit Breakdown
Total Units33
Low-Income Units33
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White92%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%

Household Composition

With Children0%
Elderly 62+83%
Head 62+83%

Disability Status

Units with ≥1 Disabled Member22%
Members with Disability100%

Household Size at Certification

Actual = Certified size85%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules