Penns Common Court
1040 Penn St, Reading, Pennsylvania 19602
⬜ Compliance Expired
Penns Common Court is a 46-unit multifamily property located at 1040 Penn St in Reading, Pennsylvania 19602. Placed in service in 1991 under the LIHTC program, its 15-year compliance period expired in 2006.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
1991
Expiration
2006
1991
1994
1997
2000
2003
2006
✅
Expired 20 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
20
Property Overview
HUD IDPAA19910505
Year Placed in Service1991
Year-15 Expiration2006
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units46
Low-Income Units36
Low-Income Ratio78%
Tenant demographic data not available for this property.