Montgomery Gardens
5235 Garden Trace Court, Charlotte, North Carolina 28216
⬜ Compliance Expired
Montgomery Gardens is a 76-unit multifamily property located at 5235 Garden Trace Court in Charlotte, North Carolina 28216. Placed in service in 2006 under the LIHTC program, its 15-year compliance period expired in 2021.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2006
Expiration
2021
2006
2009
2012
2015
2018
2021
✅
Expired 5 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
5
Property Overview
HUD IDNCA20060150
Year Placed in Service2006
Year-15 Expiration2021
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 American65%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children28%
Elderly 62+28%
Head 62+28%
Disability Status
Units with ≥1 Disabled Member11%
Members with Disability16%
Household Size at Certification
Actual < Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules