Southside Gardens
607 Jefferson St, Portsmouth, Virginia 23704
🔴 Expiring Imminently
Southside Gardens is a 134-unit multifamily property located at 607 Jefferson St in Portsmouth, Virginia 23704. 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 IMMINENTLYPlaced 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 IDVAA20120200
Year Placed in Service2012
Year-15 Expiration2027
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units134
Low-Income Units134
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Household Composition
With Children0%
Elderly 62+71%
Head 62+71%
Disability Status
Units with ≥1 Disabled Member26%
Members with Disability64%
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