Charlotte Spring

4825 Spring Trace Drive, Charlotte, North Carolina 28269

Compliance Expired

Charlotte Spring is a 76-unit multifamily property located at 4825 Spring Trace Drive in Charlotte, North Carolina 28269. Placed in service in 1999 under the LIHTC program, its 15-year compliance period expired in 2014.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
1999
Expiration
2014
1999
2002
2005
2008
2011
2014
Expired 12 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
12
Property Overview
HUD IDNCA19990030
Year Placed in Service1999
Year-15 Expiration2014
Acquisition Status Compliance Expired
Unit Breakdown
Total Units76
Low-Income Units76
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American57%
Hispanic / Latino0%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported31%

Household Composition

Elderly 62+78%
Head 62+78%

Disability Status

Household Size at Certification

Actual = Certified size83%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules