Sterling Springs Villas
1701 N Fairgrounds Rd, Midland, Texas 79706
⬜ Compliance Expired
Sterling Springs Villas is a 120-unit multifamily property located at 1701 N Fairgrounds Rd in Midland, Texas 79706. Placed in service in 2005 under the LIHTC program, its 15-year compliance period expired in 2020.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2005
Expiration
2020
2005
2008
2011
2014
2017
2020
✅
Expired 6 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
6
Property Overview
HUD IDTXA20050345
Year Placed in Service2005
Year-15 Expiration2020
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units120
Low-Income Units114
Low-Income Ratio95%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American53%
Hispanic / Latino29%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children0%
Elderly 62+76%
Head 62+76%
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