Lake Road Apartments

308 Taylor Avenue, High Point, North Carolina 27260

Compliance Expired

Lake Road Apartments is a 99-unit multifamily property located at 308 Taylor Avenue in High Point, North Carolina 27260. Placed in service in 2006 under the LIHTC program, its 15-year compliance period expired in 2021.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed 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 IDNCA20060135
Year Placed in Service2006
Year-15 Expiration2021
Acquisition Status Compliance Expired
Unit Breakdown
Total Units99
Low-Income Units99
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 Children53%
Elderly 62+16%
Head 62+16%

Disability Status

Household Size at Certification

Actual = Certified size78%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules