Park Lake Hempstead, Lp
295 South Franklin Street, Hempstead, New York 11550
🟢 Future Pipeline
Park Lake Hempstead, Lp is a 240-unit multifamily property located at 295 South Franklin Street in Hempstead, New York 11550. Placed in service in 2022 under the LIHTC program, its 15-year compliance period expires in 2037.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2022
Current Year
2026
Expiration
2037
2022
2025
2028
2031
2034
2037
📊
Compliance expires in 11 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
4 / 15
Years Until
11
Property Overview
HUD IDNYB20220021
Year Placed in Service2022
Year-15 Expiration2037
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units240
Low-Income Units238
Low-Income Ratio99%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White0%
Black / African American0%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported100%
Household Composition
With Children56%
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