Park Place Apts Phase Ii
107 Luxury Lane, Knightdale, North Carolina 27545
⬜ Compliance Expired
Park Place Apts Phase Ii is a 50-unit multifamily property located at 107 Luxury Lane in Knightdale, North Carolina 27545. Placed in service in 1999 under the LIHTC program, its 15-year compliance period expired in 2014.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
1999
Expiration
2014
1999
2002
2005
2008
2011
2014
✅
Expired 12 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
12
Property Overview
HUD IDNCA19990085
Year Placed in Service1999
Year-15 Expiration2014
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units50
Low-Income Units50
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American91%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children70%
Disability Status
Units with ≥1 Disabled Member19%
Members with Disability3%
Household Size at Certification
Actual = Certified size64%
Actual < Certified size15%
Actual > Certified size21%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules