Cedar Terrace
244 Ethan Way, Hendersonville, North Carolina 28792
🟢 Future Pipeline
Cedar Terrace is a 80-unit multifamily property located at 244 Ethan Way in Hendersonville, North Carolina 28792. Placed in service in 2017 under the LIHTC program, its 15-year compliance period expires in 2032.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2017
Current Year
2026
Expiration
2032
2017
2020
2023
2026
2029
2032
📊
Compliance expires in 6 years
This property has significant time remaining on its compliance period. Compliance data is being tracked for informational purposes.
Compliance Period
15 Years
Years Elapsed
9 / 15
Years Until
6
Property Overview
HUD IDNCA20170004
Year Placed in Service2017
Year-15 Expiration2032
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units80
Low-Income Units80
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American38%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children54%
Disability Status
Units with ≥1 Disabled Member35%
Members with Disability11%
Household Size at Certification
Actual = Certified size79%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules