Vernal Gardens Apartments
342 South 1350 West Bldg A, Vernal, Utah 84078
🔴 Expiring Imminently
Vernal Gardens Apartments is a 48-unit multifamily property located at 342 South 1350 West Bldg A in Vernal, Utah 84078. Placed in service in 2011 under the LIHTC program, its 15-year compliance period expires in 2026. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2011
Expiration
2026
2011
2014
2017
2020
2023
2026
⚠️
Compliance expires has expired
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
15 / 15
Years Since
0
Property Overview
HUD IDUTA20110901
Year Placed in Service2011
Year-15 Expiration2026
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units48
Low-Income Units48
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White20%
Hispanic / Latino19%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Not Reported58%
Household Composition
With Children52%
Elderly 62+17%
Head 62+16%
Disability Status
Units with ≥1 Disabled Member39%
Members with Disability0%
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