Companion At Franklin Square

701 Powell Mill Rd, Spartanburg, South Carolina 29301

Compliance Expired

Companion At Franklin Square is a 192-unit multifamily property located at 701 Powell Mill Rd in Spartanburg, South Carolina 29301. Placed in service in 2010 under the LIHTC program, its 15-year compliance period expired in 2025.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
2010
Expiration
2025
2010
2013
2016
2019
2022
2025
Expired 1 year 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
1
Property Overview
HUD IDSCA20100038
Year Placed in Service2010
Year-15 Expiration2025
Acquisition Status Compliance Expired
Unit Breakdown
Total Units192
Low-Income Units192
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White13%
Black / African American44%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Not Reported37%

Household Composition

Elderly 62+61%
Head 62+61%

Disability Status

Members with Disability0%

Household Size at Certification

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