Park Terrace Iii
885 Sharon Street, High Point, North Carolina 27260
🟢 Future Pipeline
Park Terrace Iii is a 79-unit multifamily property located at 885 Sharon Street in High Point, North Carolina 27260. Placed in service in 2016 under the LIHTC program, its 15-year compliance period expires in 2031.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2016
Current Year
2026
Expiration
2031
2016
2019
2022
2025
2028
2031
📊
Compliance expires in 5 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
10 / 15
Years Until
5
Property Overview
HUD IDNCA20162032
Year Placed in Service2016
Year-15 Expiration2031
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units79
Low-Income Units78
Low-Income Ratio99%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White0%
Black / African American100%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported0%
Household Composition
With Children0%
Elderly 62+100%
Head 62+100%
Disability Status
Units with ≥1 Disabled Member47%
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