Kings Grant Apts

1 State St, North Kingstown, Rhode Island 02852

🔴 Expiring Imminently

Kings Grant Apts is a 156-unit multifamily property located at 1 State St in North Kingstown, Rhode Island 02852. Placed in service in 2013 under the LIHTC program, its 15-year compliance period expires in 2028. This property's compliance period is expiring imminently.

Year-15 Compliance Timeline

EXPIRING IMMINENTLY
Placed in Service
2013
Current Year
2026
Expiration
2028
2013
2016
2019
2022
2025
2028
⚠️
Compliance expires in 2 years

This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.

Compliance Period
15 Years
Years Elapsed
13 / 15
Years Until
2
Property Overview
HUD IDRIA20130003
Year Placed in Service2013
Year-15 Expiration2028
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units156
Low-Income Units139
Low-Income Ratio89%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American71%
Hispanic / Latino12%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Not Reported9%

Household Composition

With Children28%
Elderly 62+33%
Head 62+30%

Disability Status

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