Forest Park Gardens Phase Ii
1305 Forest Park Terrace, Statesville, North Carolina 28677
⬜ Compliance Expired
Forest Park Gardens Phase Ii is a 40-unit multifamily property located at 1305 Forest Park Terrace in Statesville, North Carolina 28677. Placed in service in 1998 under the LIHTC program, its 15-year compliance period expired in 2013.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
1998
Expiration
2013
1998
2001
2004
2007
2010
2013
✅
Expired 13 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
13
Property Overview
HUD IDNCA19980060
Year Placed in Service1998
Year-15 Expiration2013
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units40
Low-Income Units40
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White46%
Black / African American33%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children0%
Elderly 62+91%
Head 62+89%
Disability Status
Units with ≥1 Disabled Member16%
Household Size at Certification
Actual = Certified size87%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules