Colonial Village Apartments

231 D Avenue, Salisbury, North Carolina 28144

๐ŸŸ  Expiring Soon

Colonial Village Apartments is a 98-unit multifamily property located at 231 D Avenue in Salisbury, North Carolina 28144. 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 SOON
Placed in Service
2014
Current Year
2026
Expiration
2029
2014
2017
2020
2023
2026
2029
๐Ÿ“‹
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 IDNCA20140933
Year Placed in Service2014
Year-15 Expiration2029
Acquisition Status๐ŸŸ  Expiring Soon
Unit Breakdown
Total Units98
Low-Income Units98
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data ยท Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American94%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%

Household Composition

With Children51%
Elderly 62+29%
Head 62+28%

Disability Status

Members with Disability12%

Household Size at Certification

Actual < Certified size0%
2022 HUD Tenant-Level Data โ€” values <11 masked per HUD non-disclosure rules