Magnolia Pointe
4801 Danube Lane, Durham, North Carolina 27704
⬜ Compliance Expired
Magnolia Pointe is a 156-unit multifamily property located at 4801 Danube Lane in Durham, North Carolina 27704. Placed in service in 2007 under the LIHTC program, its 15-year compliance period expired in 2022.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2007
Expiration
2022
2007
2010
2013
2016
2019
2022
✅
Expired 4 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
4
Property Overview
HUD IDNCA20070080
Year Placed in Service2007
Year-15 Expiration2022
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units156
Low-Income Units156
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White56%
Black / African American31%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children40%
Elderly 62+31%
Head 62+28%
Disability Status
Units with ≥1 Disabled Member22%
Members with Disability9%
Household Size at Certification
Actual = Certified size100%
Actual < Certified size0%
Actual > Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules