Willow Bend Villas

1000 N Marland Blvd, Hobbs, New Mexico 88240

Compliance Expired

Willow Bend Villas is a 60-unit multifamily property located at 1000 N Marland Blvd in Hobbs, New Mexico 88240. Placed in service in 2005 under the LIHTC program, its 15-year compliance period expired in 2020.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2005
Expiration
2020
2005
2008
2011
2014
2017
2020
Expired 6 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
6
Property Overview
HUD IDNMA20050085
Year Placed in Service2005
Year-15 Expiration2020
Acquisition Status Compliance Expired
Unit Breakdown
Total Units60
Low-Income Units60
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported0%

Household Composition

With Children0%
Elderly 62+0%

Disability Status

Units with ≥1 Disabled Member0%
Members with Disability0%

Household Size at Certification

Actual = Certified size59%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules