Richardson Lofts
50-60 Columbia Street, Newark City, New Jersey 07102
🔴 Expiring Imminently
Richardson Lofts is a 66-unit multifamily property located at 50-60 Columbia Street in Newark City, New Jersey 07102. Placed in service in 2012 under the LIHTC program, its 15-year compliance period expires in 2027. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2012
Current Year
2026
Expiration
2027
2012
2015
2018
2021
2024
2027
⚠️
Compliance expires in 1 year
This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.
Compliance Period
15 Years
Years Elapsed
14 / 15
Years Until
1
Property Overview
HUD IDNJA20120569
Year Placed in Service2012
Year-15 Expiration2027
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units66
Low-Income Units33
Low-Income Ratio50%
Tenant demographic data not available for this property.