John Madison Exum Towers I & Ii
3125 & 3155 Sharpe Avenue, Memphis, Tennessee 38111
🟢 Future Pipeline
John Madison Exum Towers I & Ii is a 239-unit multifamily property located at 3125 & 3155 Sharpe Avenue in Memphis, Tennessee 38111. Placed in service in 2016 under the LIHTC program, its 15-year compliance period expires in 2031.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2016
Current Year
2026
Expiration
2031
2016
2019
2022
2025
2028
2031
📊
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 IDTNA20161009
Year Placed in Service2016
Year-15 Expiration2031
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units239
Low-Income Units239
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American87%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
Elderly 62+92%
Head 62+91%
Disability Status
Members with Disability25%
Household Size at Certification
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules