Litc#747 Salem Senior Village
2 Hires Ave, Salem, New Jersey 08079
⬜ Compliance Expired
Litc#747 Salem Senior Village is a 64-unit multifamily property located at 2 Hires Ave in Salem, New Jersey 08079. Placed in service in 2006 under the LIHTC program, its 15-year compliance period expired in 2021.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2006
Expiration
2021
2006
2009
2012
2015
2018
2021
✅
Expired 5 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
5
Property Overview
HUD IDNJA20069017
Year Placed in Service2006
Year-15 Expiration2021
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units64
Low-Income Units64
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Hispanic / Latino57%
Asian0%
Hawaiian / Pacific Islander0%
Not Reported36%
Household Composition
Elderly 62+18%
Disability Status
Units with ≥1 Disabled Member0%
Household Size at Certification
Actual = Certified size100%
Actual < Certified size0%
Actual > Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules