Summit Place
12777 Merit Drive, Dallas, Texas
🟠 Expiring Soon
Summit Place is a 100-unit multifamily property located at 12777 Merit Drive in Dallas, Texas . Placed in service in 2015 under the LIHTC program, its 15-year compliance period expires in 2030. This property is approaching its Year-15 compliance milestone.
Year-15 Compliance Timeline
EXPIRING SOONPlaced in Service
2015
Current Year
2026
Expiration
2030
2015
2018
2021
2024
2027
2030
📋
Compliance expires in 4 years
This property is approaching its Year-15 compliance milestone. It is worth monitoring for changes in ownership intent and refinancing activity.
Compliance Period
15 Years
Years Elapsed
11 / 15
Years Until
4
Property Overview
HUD IDTXA20154047
Year Placed in Service2015
Year-15 Expiration2030
Acquisition Status🟠 Expiring Soon
Unit Breakdown
Total Units100
Low-Income Units75
Low-Income Ratio75%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White24%
Black / African American58%
Asian0%
Am. Indian / Alaska Native0%
Household Composition
With Children59%
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