Swanzy Ridge Apartments
402 Swanzy Ridge Way, Elizabethtown, North Carolina 28337
🔴 Expiring Imminently
Swanzy Ridge Apartments is a 40-unit multifamily property located at 402 Swanzy Ridge Way in Elizabethtown, North Carolina 28337. Placed in service in 2011 under the LIHTC program, its 15-year compliance period expires in 2026. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2011
Expiration
2026
2011
2014
2017
2020
2023
2026
⚠️
Compliance expires has expired
This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.
Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
0
Property Overview
HUD IDNCA20110583
Year Placed in Service2011
Year-15 Expiration2026
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units40
Low-Income Units40
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Household Composition
With Children66%
Elderly 62+29%
Disability Status
Members with Disability14%
Household Size at Certification
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules