Palmer Green Ii Apartments

380 Palmer Avenue, Raeford, North Carolina 28376

Compliance Expired

Palmer Green Ii Apartments is a 48-unit multifamily property located at 380 Palmer Avenue in Raeford, North Carolina 28376. Placed in service in 2007 under the LIHTC program, its 15-year compliance period expired in 2022.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2007
Expiration
2022
2007
2010
2013
2016
2019
2022
Expired 4 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
4
Property Overview
HUD IDNCA20070095
Year Placed in Service2007
Year-15 Expiration2022
Acquisition Status Compliance Expired
Unit Breakdown
Total Units48
Low-Income Units48
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White72%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported22%

Household Composition

With Children0%
Elderly 62+98%
Head 62+98%

Disability Status

Units with ≥1 Disabled Member38%
Members with Disability30%

Household Size at Certification

Actual > Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules