Palm Terrace Senior Village

421 Margaret Street, Pahrump, Nevada 89048

Compliance Expired

Palm Terrace Senior Village is a 64-unit multifamily property located at 421 Margaret Street in Pahrump, Nevada 89048. Placed in service in 2003 under the LIHTC program, its 15-year compliance period expired in 2018.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2003
Expiration
2018
2003
2006
2009
2012
2015
2018
Expired 8 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
8
Property Overview
HUD IDNVA20039022
Year Placed in Service2003
Year-15 Expiration2018
Acquisition Status Compliance Expired
Unit Breakdown
Total Units64
Low-Income Units63
Low-Income Ratio98%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White25%
Black / African American44%
Hispanic / Latino17%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%

Household Composition

With Children0%
Elderly 62+0%

Disability Status

Members with Disability0%

Household Size at Certification

2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules