Madison Place Senior Apts
4200 Forbes Rd, Gastonia, North Carolina 28054
⬜ Compliance Expired
Madison Place Senior Apts is a 76-unit multifamily property located at 4200 Forbes Rd in Gastonia, North Carolina 28054. Placed in service in 2003 under the LIHTC program, its 15-year compliance period expired in 2018.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2003
Expiration
2018
2003
2006
2009
2012
2015
2018
✅
Expired 8 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
8
Property Overview
HUD IDNCA20030113
Year Placed in Service2003
Year-15 Expiration2018
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
White21%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported72%
Household Composition
With Children54%
Disability Status
Units with ≥1 Disabled Member32%
Household Size at Certification
Actual = Certified size83%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules