Spring Run Apts
201 Spring Run Dr, Fairhope, Alabama 36532
⬜ Compliance Expired
Spring Run Apts is a 50-unit multifamily property located at 201 Spring Run Dr in Fairhope, Alabama 36532. Placed in service in 1994 under the LIHTC program, its 15-year compliance period expired in 2009.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
1994
Expiration
2009
1994
1997
2000
2003
2006
2009
✅
Expired 17 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
17
Property Overview
HUD IDALA19940232
Year Placed in Service1994
Year-15 Expiration2009
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units50
Low-Income Units50
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Black / African American63%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children51%
Elderly 62+25%
Head 62+25%
Disability Status
Household Size at Certification
Actual = Certified size84%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules