Ridgewood Apts
1018 East Wait Avenue, Wake Forest, North Carolina 27587
⬜ Compliance Expired
Ridgewood Apts is a 50-unit multifamily property located at 1018 East Wait Avenue in Wake Forest, North Carolina 27587. 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 IDNCA19980130
Year Placed in Service1998
Year-15 Expiration2013
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
Household Composition
With Children25%
Elderly 62+28%
Head 62+27%
Disability Status
Members with Disability23%
Household Size at Certification
Actual = Certified size73%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules