Lane Shops

1 Mechanic St, Montpelier, Vermont 05602

Compliance Expired

Lane Shops is a 50-unit multifamily property located at 1 Mechanic St in Montpelier, Vermont 05602. Placed in service in 1988 under the LIHTC program, its 15-year compliance period expired in 2003.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
1988
Expiration
2003
1988
1991
1994
1997
2000
2003
Expired 23 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
23
Property Overview
HUD IDVTA19880004
Year Placed in Service1988
Year-15 Expiration2003
Acquisition Status Compliance Expired
Unit Breakdown
Total Units50
Low-Income Units40
Low-Income Ratio80%
Tenant demographic data not available for this property.