Granite Falls Apartments
404 Hunter Falls Lane, Rolesville, North Carolina 27571
🟠 Expiring Soon
Granite Falls Apartments is a 72-unit multifamily property located at 404 Hunter Falls Lane in Rolesville, North Carolina 27571. Placed in service in 2014 under the LIHTC program, its 15-year compliance period expires in 2029. This property is approaching its Year-15 compliance milestone.
Year-15 Compliance Timeline
EXPIRING SOONPlaced in Service
2014
Current Year
2026
Expiration
2029
2014
2017
2020
2023
2026
2029
📋
Compliance expires in 3 years
This property is approaching its Year-15 compliance milestone. It is worth monitoring for changes in ownership intent and refinancing activity.
Compliance Period
15 Years
Years Elapsed
12 / 15
Years Until
3
Property Overview
HUD IDNCA20140020
Year Placed in Service2014
Year-15 Expiration2029
Acquisition Status🟠 Expiring Soon
Unit Breakdown
Total Units72
Low-Income Units72
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White93%
Hispanic / Latino0%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported0%
Household Composition
With Children63%
Disability Status
Household Size at Certification
Actual < Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules