Seaboard Square I

217 Wilson Dr, Portsmouth, Virginia 23707

🔴 Expiring Imminently

Seaboard Square I is a 121-unit multifamily property located at 217 Wilson Dr in Portsmouth, Virginia 23707. Placed in service in 2012 under the LIHTC program, its 15-year compliance period expires in 2027. This property's compliance period is expiring imminently.

Year-15 Compliance Timeline

EXPIRING IMMINENTLY
Placed in Service
2012
Current Year
2026
Expiration
2027
2012
2015
2018
2021
2024
2027
⚠️
Compliance expires in 1 year

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
14 / 15
Years Until
1
Property Overview
HUD IDVAA20120001
Year Placed in Service2012
Year-15 Expiration2027
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units121
Low-Income Units121
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

White61%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Not Reported32%

Household Composition

With Children74%

Disability Status

Members with Disability15%

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