Impacct Preservation - Southern Cluster

542 Gates Avenue, Brooklyn, New York 11221

๐ŸŸข Future Pipeline

Impacct Preservation - Southern Cluster is a 93-unit multifamily property located at 542 Gates Avenue in Brooklyn, New York 11221. Placed in service in 2016 under the LIHTC program, its 15-year compliance period expires in 2031.

Year-15 Compliance Timeline

LONG-TERM COMPLIANCE
Placed in Service
2016
Current Year
2026
Expiration
2031
2016
2019
2022
2025
2028
2031
๐Ÿ“Š
Compliance expires in 5 years

This property has significant time remaining on its compliance period. Compliance data is being tracked for informational purposes.

Compliance Period
15 Years
Years Elapsed
10 / 15
Years Until
5
Property Overview
HUD IDNYC20163018
Year Placed in Service2016
Year-15 Expiration2031
Acquisition Status๐ŸŸข Future Pipeline
Unit Breakdown
Total Units93
Low-Income Units84
Low-Income Ratio90%
Tenant demographic data not available for this property.